South DaCola

Tzadik files for Chapter 11 on Sioux Falls Properties

This of course can mean there may be bank auctions on the properties. I have suggested to city officials that they purchase 2-3 buildings, convert them to studio transitional housing, gift the repaired properties to the St. Francis house and contract with them to handle transitional housing. Unfortunately some folks will be displaced while this plays out in the courts. Hopefully the county and city will step up to help folks find other housing.

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