The Pines at Elkhorn Ridge TIF District / affordable housing development
Description
A request to create a new TIF district and adopt a Project Plan to help fund infrastructure for a 98-unit affordable apartment development, with rents capped at 80% of area median income for at least 10 years.
Impact summary
Adds 98 rental units with income-based rent caps, a multi-use trail connecting Colorado Boulevard to the St. Onge trail, and new infrastructure — but some residents argue the rents won't be affordable for typical Spearfish incomes.
Applicant
- Name
- Elkhorn Ridge Apartments, LLC/HME Companies
- Address
- Along St. Onge Road, south of Interstate 90, near Peaceful Pines Senior Living, Spearfish, SD
At a glance
- Hearings
- 2
- Public comments
- 0
- Total mentions
- 2
Last vote · City Council
Last discussed May 4, 2026.
Meeting timeline (2)
City Council - May 4, 2026
A 98-unit apartment project on about seven acres that the developer says won't be built without TIF help; the council created TIF District Ten and approved the project plan with up to $2,051,432 in reimbursement and ten-year rent caps.
Planning Commission - Apr 21, 2026
A request to create a new TIF district and adopt a Project Plan to help fund infrastructure for a 98-unit affordable apartment development, with rents capped at 80% of area median income for at least 10 years.
Related issues (2)
We'll email you when it's on an upcoming agenda, when it's voted on and when its status changes, at most once a day.
The weekly brief for Spearfish
What the council decided, in plain English — one email a week.
Free. Unsubscribe with one click any time. We never sell your email.