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Council approves resolution to support Fall River Health Services' affordable housing application; developers cite $3M infrastructure estimate
Summary
The council passed a resolution supporting an application to the South Dakota Housing and Development Authority from Fall River Health Services for a single/multifamily development, and staff and applicants described infrastructure costs and next steps including possible TIF and rezoning.
The Hot Springs City Council on May 19 approved Resolution 2025-11, endorsing an application by Fall River Health Services and its affiliates for financial assistance from the South Dakota Housing and Development Authority to support a proposed single/multifamily affordable housing development.
Georgia Holmes and Jeremy Scholtes, representing the applicant group, updated the council on project progress. They said the group has engaged Cullors Consulting and a contractor to work on below-ground infrastructure and site design.…
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