INFORUM.com | WDAZ.com

WDAY: The News Leader

Published March 26, 2012, 06:54 PM

Moorhead taking action to boost housing starts

Moorhead, MN (WDAY TV) - Slow housing starts in Moorhead are prompting the city to take action to promote the city. Could a proposal on the ballot in June in North Dakota derail Moorhead's Campaign?

Slow housing starts in Moorhead are prompting the city to take action to promote the city. Could a proposal on the ballot in June in North Dakota derail Moorhead's Campaign?

During the middle of the last decade Moorhead saw over 300 housing starts per year, but since the 2009 flood that number is closer to 100. The city is launching a website this week - http://www.makemoorheadhome.com - as the first step in a marketing campaign to bring those numbers back up by spreading the word about what the city has to offer.

Lisa Vatnsdal – Moorhead Neighborhood Services: “We're a home town with in the metro area. We have 1 high school and we have a lot of community spirit and we have neighborhoods that our residents tell us they are very satisfied with.”

One of the advantages Moorhead has always had in attracting new home buyers is lower property taxes but now with an initiative on the ballot to remove property taxes in North Dakota that may not still be the case.

Del Boschee: “I don't think it's registering to most people yet Rob, and it's something that may not happen. So people are sitting back and saying you know it's a good possibility it won't happen.”

Boshee thinks that even if Measure 2, doing away with property taxes, does pass it's impact in Minnesota may only be minimal

Del Boschee: “A lot of people when they're on the Minnesota side or in Minnesota, Moorhead. They just like it over there and I don't think we're going to see a lot of people jumping the river.”

Moorhead is banking on that and another factor.

Lisa Vatnsdal: “Those services that have been paid for by property taxes in North Dakota would have to be paid for another way or would be lost.”

Home sellers and buyers in Moorhead will soon see if the increased attention Measure 2 gets as the June 12th ballot approaches affects the housing market short term and or long term.

Moorhead is hoping Minnesota will renew a state funded, 2 year property tax exemption on new buildings this legislative session.

Tags: