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Sioux Falls council approves $500,000 deferred loan for All Saints redevelopment
Sioux Falls City Council · December 17, 2024
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Summary
The City Council approved an agreement to provide a $500,000 zero‑interest deferred loan to Trade Ministries to demolish four vacant houses and advance a mixed‑use redevelopment in the All Saints neighborhood and Sherman Historic District; vote was unanimous.
The Sioux Falls City Council voted unanimously Dec. 17 to approve a $500,000 zero‑interest deferred loan to Trade Ministries to support demolition and redevelopment along Dakota and Minnesota avenues in the All Saints neighborhood and Sherman Historic District.
Logan Penfield of Planning and Development Services told…
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