User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


78° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Affordable Housing Need On The Rise

January 22, 2014, 9:55 PM by Jared Ransom

Affordable Housing Need On The Rise
SIOUX FALLS, SD -

Sioux Falls is growing faster than ever before, and as more businesses move to town, people follow and the demand for apartments rises.

"We have a very low rental vacancy rate. We're at about a 4 percent vacancy rate, so that makes the market very tight, and that means rents go up," Stacey Tieszen said.

That's making it harder for families to pay the bills and where projects, like the Westwood Apartments, come in. The units are being built specifically for people who may not otherwise be able to afford rent. For example, a family of four that makes a little more than $40,000 a year.

"We're not engaged on a regular basis in the hand-out business, but really more of the hand-up and putting that infrastructure in place that allows people to thrive and be prosperous," Darrin Smith said.

When the city invests in projects like these, Smith says location is important because the city needs affordable homes throughout the town.

"We like to look at it from the flip side. What are the positives with having projects like this and diversity throughout the community, and diversity means many things. It means income levels, it means race, gender, all those things," Smith said.

Wherever the projects end up, the people who qualify for affordable housing are just happy to call someplace home.

"Right now, it's on the tip of everybody's tongue. People are saying it a lot, it's in the news a lot. So, the movement is forward on that, we just need to be all on the same page when we're talking about what that really means," Tieszen said.

If you think you may qualify for affordable housing, Smith recommends getting in contact with the city's Affordable Housing Division.

Previous Story

Next Story


Comments







 
Find Local Businesses on KELO Pages!

View business

You may also like

Iowa Town Bracing For Closure Of Tyson Foods Plant

7/27/2014 3:31 PM

One small northwest Iowa town is preparing to deal with the loss of 450 jobs this fall when the Tyson Foods plant in Cherokee closes, and business own...

Full Story
Simply Mac Coming To Sioux Falls

7/28/2014 1:12 PM

Apple users will soon have another option for sales and service support.

Full Story
Dawley Farm Village Expands

7/25/2014 10:10 PM

If you don't live on the Sioux Falls east side, or haven't taken a drive over there lately, you may not have noticed all the new businesses.

Full Story | Watch
Sioux City Riverboat Casino Prepares For Last Day

7/30/2014 7:57 AM

The Argosy riverboat casino is preparing to take its last bets Wednesday, having told the Iowa Racing and Gaming Commission that it will close by 5 p....

Full Story
New Fitness Center Opening In Sioux Falls

7/30/2014 5:41 PM

If you enjoy kickboxing, you'll soon have another option in Sioux Falls.

Full Story


Events