Author Archive

Grant provides counseling to South Dakota homeowners in danger of foreclosure

Pierre, SD - SDHDA was awarded $52,979 to support free foreclosure prevention counseling efforts in South Dakota. This will enable SDHDA sub-grantees: Consumer Credit Counseling Services of the Black Hills (CCCS-BH), Neighborhood Housing Services of the Black Hills, Inc. (NHS) and Northeast South Dakota Community Action Program (NESDCAP) to provide more foreclosure counseling than ever before […]

SDHDA Awards $7.2 Million in Housing Development and Rehabilitation Funding

The South Dakota Housing Development Authority’s Board of Commissioners recently approved more than $2.3 million in Housing Tax Credits and $4.9 million in HOME Investment Partnership Program funding for housing development and preservation across the state.

South Dakota Housing Development Authority Offers Free Housing Workshop

South Dakota Housing Development Authority (SDHDA) along with The Rural Collaborative and U.S. Department of Housing and Urban Development are pleased to announce the upcoming HOME Investment Partnership Program Workshop to be offered in Pierre next month. On May 8 & 9, 2008, two presenters with combined 70 years of experience in affordable housing development […]

Johnson Announces Rosebud Sioux Tribe to Receive Housing Grant

Washington, DC – U.S. Senator Tim Johnson (D-SD) announced today that the Sicangu Wicoti Awanyakape, that serves the Rosebud Sioux Tribe, will receive an Indian Housing Block Grant Award of $1,763,152 for activities consistent with the tribes housing plan. This grant will be administered by the U.S. Department of Housing and Urban Development (HUD) under […]

Vice Chairman Hood Underscores Need To Increase Homeownership Among The Underserved

Alexandria, Va. - March 17, 2008 - National Credit Union Administration (NCUA) Vice Chairman Rodney E. Hood addressed the Flandreau Santee Sioux Tribe’s Town Hall Meeting hosted by MidAmerica Credit Union Association (MACUA) at the Tribe’s reservation north of Sioux Falls, South Dakota, March 13, 2008.  He was briefed on the Tribe’s effort to charter […]

Increased Income Guidelines Qualify More South Dakotans for Homeownership

An increase in federal income guidelines will qualify more South Dakotans for homeownership. “Across the state, income guidelines increased by over $3,000 to $4,000 depending on the county of residence,” said Executive Director Mark Lauseng. “Increasing the income limits will qualify more people for our First-time Homeownership Program and should have a positive effect on […]

Interest Rates Reduced for First-time Homebuyer Loans

February 8, 2008 - To remain competitive in today’s financial market, interest rates have been lowered again for First-time Homebuyer Loans through The South Dakota Housing Development Authority (SDHDA). On February 6, 2008, the SDHDA Board of Commissioners lowered the First-time Homebuyers Program Step Rate to 3.95%. The Fixed Rate was lowered to 4.95% and […]

Johnson Announces $213,500 for the South Dakota Community Action Program

Washington, DC – February 7, 2008 - U.S. Senator Tim Johnson (D-SD) today announced that the Northeast South Dakota Community Action Program (NESDCAP) will receive a $213,500 grant from NeighborWorks America. Funding will be used to expand affordable housing opportunities and community development activities.

Statewide Homeless Summit Analyzes the Causes of Homelessness

As South Dakota continues to strive to end homelessness in South Dakota, The South Dakota Housing Development Authority (SDHDA), is partnering with the South Dakota State Interagency Council and the Statewide Housing for the Homeless Consortium, to host the 3rd Annual Statewide Homeless Summit, which will be held March 4th and 5th, 2008 at Cedar […]

Over $7 Million Available to Developers for Affordable Housing Development

South Dakota Housing Development Authority (SDHDA) has over $7 million available to financially assist developers in increasing or rehabilitating existing affordable housing for South Dakotans.