News
Grant provides counseling to South Dakota homeowners in danger of foreclosure
May 10, 2008 Posted by South Dakota Real Estate
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
May 10, 2008 Posted by South Dakota Real Estate
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.
Johnson Announces Rosebud Sioux Tribe to Receive Housing Grant
March 20, 2008 Posted by South Dakota Real Estate
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
March 17, 2008 Posted by South Dakota Real Estate
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
March 6, 2008 Posted by South Dakota Real Estate
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 18, 2008 Posted by South Dakota Real Estate
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
February 9, 2008 Posted by South Dakota Real Estate
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.
Over $7 Million Available to Developers for Affordable Housing Development
January 11, 2008 Posted by South Dakota Real Estate
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.
Funds Available for Existing Emergency Housing Shelters
January 11, 2008 Posted by South Dakota Real Estate
Emergency Shelter Grants are available for existing South Dakota emergency housing shelters to improve or expand their facilities. The South Dakota Housing Development Authority (SDHDA) Board of Commissioners anticipates $342,000 will be available for their Emergency Shelter Grants (ESG) Program in FY’08. Since the ESG Program’s inception 21 years ago, SDHDA has awarded over $5.2 […]
Johnson: Assistance Available to Prevent Foreclosure
December 6, 2007 Posted by South Dakota Real Estate
Washington, DC -December 5, 2007 - U.S. Senator Tim Johnson (D-SD) today encouraged South Dakotans facing the threat of foreclosure to take advantage of resources that may help them find solutions to their housing problems. Johnson, a member of the Senate Banking Committee, is concerned about the subprime mortgage crisis currently affecting more than two […]
