Pierre To Assist Oahe YMCA In Applying For Tax Exempt Loan For Expansion Project

Pierre To Assist Oahe YMCA In Applying For Tax Exempt Loan For Expansion Project

PIERRE — The City of Pierre is preparing to work with the Oahe Family Y-M-C-A to obtain funding for an upcoming expansion. Financial Advisor Toby Morris has been working with the ‘Y’ on financing the expansion for the last six to eight months…

Morris says like the Capital Area Counseling project the financial burden will not lay on the city…

After the public hearing only a few more steps will remain in the process…

Morris says they’ve worked with all local banks on the financing for the project. Additional details on the expansion of the Oahe Family Y-M-C-A are expected to come next week during the required public hearing Tuesday night.