SIOUX FALLS, S.D. (KELO) – It often seems like new apartment complexes are going up in Sioux Falls almost everyday and Mailbox Money is among the development companies bringing in more housing to the city.
There are new apartments in southeastern Sioux Falls and the company behind them, Mailbox Money, has one goal in mind as it develops more complexes — solve the affordable housing crisis.
“The median homebuyer has went from 31 in 2015 to 38 in 2024 and so our younger population is rapidly getting outpriced of owning a home. So, we wanted to provide something that is affordable and trendy and desirable to live in,” Dusten Hendrickson, Founder of Mailbox Money, said…