A proposal for an affordable housing project developed by NeighborWorks Dakota Home Resources in conjunction with the City of Spearfish, Dakota Land Trust, and South Dakota Housing Development Authority is in development, reports the Black Hills Pioneer. The proposed location for the housing development is on city-owned lots between Grant and Federal Streets on Fifth Street in Spearfish.
At the time of its presentation, city council members and staff only had a week to review the affordable housing proposal. Following a more thorough review, city staff will develop a report including responsibilities of various parties including tasks and timelines, zoning requirements, and information about the status of the land.
The affordable housing units would include one- and two-bedroom townhouse units with 780 and 980 square feet, respectively. One-bedroom units would have single garages, while the two-bedrooms would have double garages. The formation of a homeowners association is also recommended in order to provide landscaping and snowplowing services at a cost of approximately $20-25 per month. Sale prices on the townhomes are estimated between $99,900 and $139,000.
The report to be compiled by city staff will be presented at the Spearfish City Council meeting on June 19.
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