Tax Reduction Program for Downtown Sioux Falls residential property

Turns out there is a program, but only 3 properties have taken advantage of it since 2007, and you have to invest $30,000 in the property before getting the program.

At the informational meeting today where they explained the program, most of it goes towards business, and not a surprise the part they want to expand. I’m all for it for local businesses but the program needs to be expanded to residential and the $30,000 expenditure should be drastically reduced to $2,500 or more.

But that of course isn’t the plan, more socialism to big developers and banksters and crumbs for the rest of us.