In the heart of Hays City, a recent commission meeting illuminated the city’s strategic approach to housing development, showcasing a blend of innovation and collaboration among various stakeholders. As city officials gathered, the discussion centered on the ambitious Tallgrass development project, which has become a focal point for future growth in the area.

One commissioner highlighted the financial dynamics of the Tallgrass project, noting that the developer, Part of America, had invested significantly but faced a lengthy wait of 25 years to recoup their costs. In a forward-thinking move, the commission opted to bond the amount that RHAD would repay, ensuring that the city could leverage immediate revenues from the developed properties. This decision reflects a commitment to fostering growth while managing financial risks effectively.

The conversation emphasized the importance of thinking outside the box when it comes to community investments. Commissioners expressed optimism about the potential for further developments, particularly in creating affordable housing options priced around $125,000 to $150,000 per unit. This aligns with the city’s goal of addressing housing needs as outlined in a recent housing study, which projected that by 2030, Hays would require 126 affordable homes for owner occupancy.

However, the commissioners also acknowledged the need for caution regarding the amount of bonding undertaken. While the current financial landscape appears stable, there is a recognition that excessive bonding could pose risks to the city’s fiscal health. The collaborative effort among the city, nonprofits, and private investors was praised as a model for future projects, demonstrating that successful development requires a united front.

As the meeting concluded, the commissioners encouraged community members to attend an upcoming event on the 29th, where the progress of the Tallgrass project would be showcased. The discussions at the meeting not only highlighted the immediate housing challenges but also set the stage for a proactive approach to urban development in Hays City, ensuring that the community continues to thrive in the years to come.