WRIGHT STREET
WRIGHT STREET
Wright Street Duplexes (Rapid City, South Dakota)
The Wright Street Duplexes will offer affordable housing based on Annual Median Income for up to four families, and will include amenities and a safe play area for children. Rapid City’s expected population is estimated to grow by over 30% in the next 3 years due to the military expansion in Box Elder. This directly impacts the housing market by making it harder to find safe, affordable housing options for our relatives. We are combatting this problem by providing affordable housing to the North Rapid Indigenous community, focusing on impact rather than profits. The key to success is through helping those that may need a hand and to meet them where they are on their journey, while still being able to break even and achieve positive cash flow.
Wright Street Duplexes | Affordable Housing Development
- Two Duplexes, Four Units Total
- Ample space for families and children
- Affordable housing based on AMI
- Local community, based project
- Potential for tiny homes on-site
- Safe, children play space included
- Many additional amenities
Project Details
NAME
Wright Street
LOCATION
Rapid City, South Dakota
ENGAGE PLANNERS
2021
DETERMINE NEEDS
2022
COST ESTIMATES
4th Quarter 2022
BID NEGOTIATION
2nd Quarter 2023
OBTAIN FINANCING
1st Quarter 2024
CONSTRUCTION
3rd Quarter 2024