New income-based apartments in Spearfish - KOTA Territory News

New income-based apartments in Spearfish

Posted:

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.

 

Powered by WorldNow

518 St. Joseph St.
Rapid City, SD 57701

Telephone: 605.342.2000
Fax: 605.342.7305

Couldn't find what you were looking for?
Powered by WorldNow
All content © Copyright 2000 - WorldNow and KOTA. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.