Protexter Says Development Corporations May Need Bigger Role In Addressing Housing Needs

Protexter Says Development Corporations May Need Bigger Role In Addressing Housing Needs

PIERRE — The Pierre Economic Development Corporation’s 40th annual meeting Tuesday focused on housing in South Dakota. State Representative Roger Chase of Huron spoke on housing in the state from multiple angles…

PEDCO Chief Operating Officer Jim Protexter says development corporations like PEDCO may have to play a larger role in addressing South Dakota’s housing needs…

Protexter says PEDCO needs to be ready when developers approach for expansion in the Pierre area…

Pierre’s recently revised housing study recommends 300 to 350 new rental units be added between Pierre and Fort Pierre in the next five years. The study also indicated the annual demand for home ownership units in Pierre to be 20 to 25 per year and 15 to 20 in Fort Pierre.