WALL | A new “toolkit” developed by the Wall City Council in conjunction with the Wall Economic Development Corp. is generating numerous inquiries from individuals interested in taking advantage of the new program.
Housing is an often-discussed topic in the Wall community. Housing, and the lack of available housing, affects seasonal employers, year-round employers, current residents and new residents. In order to start solving Wall’s housing problems, the Wall City Council created the housing incentive “toolkit.”
The town’s Economic Development Corp. initiated the housing incentive conversation with the City in November 2016, and the City Council weighed several housing incentive options. After discussing the possibilities and determining potential impact, the Wall City Council decided to create two housing incentives geared toward new housing development.
The first is a five-year municipal property tax rebate for any newly built dwelling, passed on Feb. 2. The approved ordinance states, “The rebate will apply to any single-family, two-family, multi-family dwellings, and factory-built homes, but not including hotels, motels or lodging houses, and that are constructed to the standard of existing city ordinances and granted a final inspection certificate for occupancy after March 7, 2017.”
Under the ordinance, mobile homes in a mobile home park will not be eligible for the rebate of municipal property tax.
The second is a demolition agreement. The City created an agreement through WEDC to provide labor and equipment to demolish a residential property for 75 cents per square foot. Interested parties should contact Cheyenne McGriff, WEDC executive director, for application information.
“Housing is a vital part of economic development,” McGriff said. “Without homes, it is difficult to retain and recruit community members and businesses. We cannot grow or maintain without places for people to live.”
Wall City Finance Officer Carolynn Anderson also was instrumental in helping draft the ordinance and resolutions.
“Wall is a great town to live in and raise your children,” Anderson said. “We have a great school for children to attend. We would like to help provide families more opportunities to live in Wall.”
WEDC is part of the Dakota Resources Home Address Plus Network. The network offers online support for housing questions, monthly webinars and bi-annual housing gatherings. McGriff credits the housing incentive ideas to connections made through this network.