Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Housing Development topic
No spam. Unsubscribe anytime.
Greater Huron Development reports housing sales, downtown investments and workforce initiatives
Summary
The Greater Huron Development Corporation told the commission about housing lot sales, an upcoming housing study, facade grant spending and workforce programs including Career and Technical Education partnerships and a funded rehab specialist program.
Ted Hader, executive director of the Greater Huron Development Corporation, updated the Huron City Commission on July 21 on recent activity in housing, downtown redevelopment and workforce development.
On housing, Hader said Southtown Residential has 62 lots with 18 sold; several manufactured “Governor’s House” units have been placed and sold to income-qualified buyers. He described price ranges for those units as a rough estimate of $250,000–$300,000 after development costs and said lot prices in one development are $35,000 per lot with development costs that would require substantially higher sale prices without public subsidy. Hader said the organization approved a new housing study to be completed within roughly six months and that Peaceful Pines, a 61-unit senior/assisted/memory-care facility, expects to be fully leased by 2025.
On downtown redevelopment, Hader said Greater Huron has invested just over $1.4 million directly in downtown projects and has awarded 21 façade grants totaling a little over $150,000. He described a sign program that covers hardware installation for small storefront signs, a low-interest business recovery loan offering up to $6,000 with an 18-month no-interest period and a role in managing funds for the Dusting Off Dakota celebration.
Hader reviewed workforce initiatives, including partnerships with Huron School District career and technical education programs and sponsoring the Huron High School Career Fair. He also highlighted the organization’s role as a short-term funder to enable grant-funded rehabilitation and Isaac Walton gun-range projects to pay contractors before state reimbursements arrive.
Commissioners asked about the number of downtown signs installed and whether the Huron Housing Authority had filled a previously advertised rehab specialist position; Hader said roughly 30 businesses had taken part in the sign program and that he had not confirmed whether the housing authority had hired a rehab specialist.
The commission received the update as information; no action was required.
