State Representative Roger Chase of Huron was the guest speaker this week for the board meeting of the Pierre Economic Development Corporation. Chase chaired the 2021 summer study on workforce housing where most of the proposed legislation was developed. There were hang-ups with the most important bill to appropriate 200-million dollars for housing which passed in this years session…

Chase says passage of the bill came at a cost to the effort to boost housing…

Chase says a revamped draft bill will be released toward the end of the year to better define where that housing funding is going. Interest rates are not helping…

Chase says the interest rates are especially hard on younger families saving money for down payments and trying to get into homes for the first time.

Zach Nelson