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Salem residents invest own money in new subdivision

SALEM, S.D. (South Dakota News Watch) – In an effort to build new housing that will help this small eastern South Dakota city recover from two weather disasters in the same year, community leaders, local businesses and even individual residents have put up their own money – without any potential financial return – to help make it happen.

The town of about 1,300 people just north of Interstate 90 midway between Sioux Falls and Mitchell is still rebounding from two separate derecho wind storms that took no lives but damaged numerous homes and businesses in 2022.

To lay the groundwork for a new subdivision that could include up to 24 new houses, Salem economic development leaders needed to find roughly $1 million in 2023.

Two years later, the city and the Salem Economic Development Corp. (SEDC) have reached their funding goal and are using a combination of a state grant, donations from…

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