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Incentives to help housing expansion in Dodge City

Associated Press - March 22, 2014 1:54 pm

A new survey suggests slower economic growth ahead in rural areas of 10 states in the Plains and the West.

A new survey suggests slower economic growth ahead in rural areas of 10 states in the Plains and the West.

The tight housing market in Dodge City is poised to ease a bit for potential buyers and renters.

The City Commission has approved an estimated $2.2 million worth of state incentives for two major developments.

One will consist of 65 duplex, quadplex and triplex homes that are expected to sell for between $140,000 and $160,000. The other project is an 11-building complex of 132 apartments expected to rent for $700 to $900 a month.

The developers will be assisted by the state’s rural housing incentive program. The program diverts the difference in property taxes between existing land and a finished project toward infrastructure expenses, including utility hookups.

Dodge City officials say such costs have hindered housing development in the past.

City of Salina