New income-based apartments in Spearfish - KOTA Territory News

New income-based apartments in Spearfish

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Construction is underway for a new $4.7 million dollar income-based apartment complex in the Northern Hills.

Summit Housing Group, Inc. - based out of Montana was awarded the necessary tax credits to develop a 32 - unit complex in Spearfish.

Harlan Wells with Summit Housing says the plans call for four, two-story apartment complexes that contain two bedrooms to three bedrooms apartments.

Wells says the project should be move- in ready by September this year.

Sharon Scudder with the Lawrence County Housing Authority says these apartments will help fill a growing need for low- income housing in the Northern Hills.

"The crisis may have started as we've seen more of our affordable housing going to people who are commuting to North Dakota; however we've had a housing problem for a long time," said Scudder.

The housing in Spearfish will be the first complex Summit Housing Group, Inc., will construct in South Dakota.

 

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