OTC sees housing growth progress in 2020

The kickoff year of Otter Tail County’s Big Build initiative saw progress and success for housing growth. In 2020, $39.3 million in housing investment was added in the county from 656 new and rehabbed housing units, 427 of these being new construction and 229 being rehabbed units. This success is great progress toward the Big Build’s goal of 5,000 new, preserved, or significantly rehabbed units by 2025, and represents a 19% increase in new construction county-wide compared to 2019.

The Otter Tail County Community Development Agency (CDA) launched Big Build at the end of 2019 as a housing growth and investment initiative. The initiative was created because expansion of housing opportunities is a county-wide priority to address workforce needs and existing residents’ needs.

Click here to read full article from the Fergus Falls Journal.