Low-Income Housing Needs Unmet in Sioux Falls
SIOUX FALLS, S.D. (AP) — Officials say housing needs for Sioux Falls' poorest residents are going unmet and federal tax credits have done little to encourage builders to add apartments for low-income families.
The Argus Leader reports that the state has added just 46 low-income rental units in five years through a federal program. And only 25 of those have been added in Sioux Falls, the state's largest city.
State officials hope new federal funding can make a difference. Congress re-opened funding for another federal program that will bring $3 million to South Dakota for builders willing to include units for extremely low-income renters.
South Dakota Housing Development Authority Executive Director Mark Lauseng says money from the Housing Trust Fund will mean there will be direct funding available to builders who target that need.
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