Sioux Falls Housing Permits up, but is it affordable?

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Something sadly missing from the stats of record building permits;

There’s more than a billion dollars of construction happening in Sioux Falls but where in all that money does affordable or workforce housing fit in?

It doesn’t so far.

“I just looked at the projects and we’re adding over 3,000 (housing) units,” said Jill Madsen, the president of the South Dakota Multi-Housing Association (SDHA). “From what I see I don’t see low income or workforce. I don’t see any tax credit housing and that has been workforce housing.”

It seems the permit values have risen because builders are building more expensive homes;

“There is still a lot of building going on but it’s more expensive houses that are being built,” Ingle said. “The (permit) valuations are going up because we are building more expensive homes.”

I still don’t understand what the end goal is with housing concerning city leadership? If you were to look at it from a distance as an outsider you would think city leaders are trying to push poorer residents out of our community, not just with permanent housing but with rentals also. I have said it is unsustainable in comparison to the workforce we will need.

Posted in: Affordable Housing, Developers, Development, Sioux Falls

9 Thoughts on “Sioux Falls Housing Permits up, but is it affordable?”

  1. Steve on October 6, 2022 at 9:00 pm said:

    I just came here to see you guys (Scott and all of VSGs aliases) lose your mind over a second Chick-Fil-A coming. Of course, the latest unfunny Dua comment too.

  2. D@ily Spin on October 7, 2022 at 9:38 am said:

    Interest rates are 7 percent yet were 3 percent a year ago. Still, home valuations are the same or higher. What’s happened is house payments for new closings are double. There’s a correction coming. It’ll take higher wages for people to stay forcing more inflation.

  3. "Woodstock" on October 7, 2022 at 9:50 am said:

    “What, a second Chick-fil-A is coming to town?”… “Maybe Dua can cut the ribbon”… “Oh, and Steve, I know you are big on this…. The ‘F’ in Chick-fil-A is not capitalized”… 🙂

  4. Very Stable Genius on October 7, 2022 at 9:55 am said:

    Speaking of businesses opening, I must admit I was quite wrong about Dillards, or is it Dillard’s?…. Steve, could you help me with that one?

    ( and Woodstock adds: “Say, maybe the new Dillard’s will sell copies of Trumps new health care plan, huh?”… )

  5. Fear & Loathing in Sioux Falls on October 7, 2022 at 9:58 am said:

    I thought Steve recently claimed that he no longer reads any of VSGs stuff.

  6. "Woodstock" on October 7, 2022 at 10:23 am said:

    (…”Yep, I even have Steve talking about Dua now”… (… “My strategy is working quite well”…. )) 😉

  7. Fear & Loathing in Sioux Falls on October 7, 2022 at 10:25 am said:

    I have a stepbrother named Steve. Let me just say I’m not big on the name.

  8. scott on October 11, 2022 at 6:48 pm said:

    i’m pretty excited i can eat chick-fil-a at augie and walk across the street to a hockey game at this time next year. you can’t do that at the denty!

  9. Further Fear & Loathing on October 13, 2022 at 11:24 am said:

    Chick-fil-A and hockey, it’s like nirvana on the plains. Although, Hooters after the game would even be better.
    #GuardYourPuk

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