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Greater Huron Development proposes 3-year pilot to finance and sell CTE-built houses; board to consider Jan. 27
Summary
The Greater Huron Development Corporation presented a plan to partner with the district’s CTE program on a three-year pilot to finance, develop, market and sell homes built by students; the board was asked to consider the pilot as new business at the Jan. 27 meeting.
Ted Hader of the Greater Huron Development Corporation presented a proposal to the Huron School District Board on Jan. 13 for a three-year pilot that would preserve in-town building and tax revenue by keeping CTE-built houses in Huron.
Under the proposal, the district’s Career and Technical Education program would continue to construct the houses in the CTE facility. Greater Huron would provide financing, design, site work, marketing and handle the sale. Year 1 financial terms presented to the board were a flat fee to the district of $6,000 plus 10%…
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