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South Dakota city encouraging growth by giving away lots in exchange for promise to build a home
Chamberlain has built seven homes in Smokey Groves using $4 million in public funds, offering free lots to spur growth amid a severe housing shortage.
- Chamberlain officials are offering free lots in the Smokey Groves Addition subdivision where streets and utilities have been installed, requiring recipients to build homes there.
- Faced with developer reluctance, officials moved to act as Chamberlain built few new homes and lost family housing to short-term rentals, creating persistent demand.
- City officials awarded 11 lots by lottery, and since then, seven homes have been built with homeowners gaining $15,000 to $20,000 in instant equity, while local builders contracted for houses from $330,000 to $630,000.
- Local businesses saw revenue from the building boom, while city leaders say the project will strengthen the tax base and apartment waiting lists show continued housing demand.
- Powell said other towns should learn from Chamberlain's experience, urging full road and utility installation before offering lots; Cedar Heights later produced about 70 houses, six multi-family properties and 15 commercial enterprises.
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Associated Press News+6 Reposted by 6 other sources
South Dakota city encouraging growth by giving away lots in exchange for promise to build a home
The picturesque city of Chamberlain, South Dakota, on the shore of the Missouri River, is so eager to encourage development of new housing that it bought a tract of land and is giving away lots to anyone who promises to build a home.
·United States
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Coverage Details
Total News Sources12
Leaning Left5Leaning Right1Center4Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 40%
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