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SDHDA

The South Dakota Housing Development Authority (SDHDA) is an independent, quasi-public agency that finances and develops affordable housing opportunities for low and moderate-income residents throughout South Dakota. SDHDA is totally self-supporting and receives no tax money, appropriations or other funding from the State.

SDHDA does not discriminate against any person because of race, color, creed, religion, sex, disability, familial status or national origin. SDHDA is a proud partner of the State’s 2010 Initiative to “Brand and Develop South Dakota’s Quality of Life as the Best in America.”

Contact:

South Dakota Housing Development Authority
PO Box 1237
221 S. Central Ave.
Pierre, SD 57501

Toll Free: 800-540-4241
Local: 605-773-3181
Fax: 605-773-5154

Mark Lauseng
Executive Director
Phone: 605-773-3181

SDHDA invites and encourages citizen participation regarding the 2010 Housing and Community Development Plans

Pierre, SD - August 26, 2009 - (RealEstateRama) -- The South Dakota Housing Development Authority (SDHDA) invites and encourages citizen participation regarding the 2010 Consolidated Housing and Community Development Plan Update, The Citizen Participation Plan and The Analysis of Impediments to Fair Housing.

Amendment to the Neighborhood Stabilization Program Plan

Pierre, SD - August 18, 2009 - (RealEstateRama) -- The Housing and Economic Recovery Act of 2008 provided an appropriation of funds for emergency assistance for redevelopment of abandoned and foreclosed homes and residential properties.

New Downpayment Assistance Program

Pierre, SD - June 5, 2009 - (RealEstateRama) — South Dakota Housing Development Authority (SDHDA) is pleased to announce a new program to assist with downpayment and closing costs. The Advance Tax Credit (ATC) Loan Program allows the borrower(s) to utilize a portion of their First-time Homebuyer Tax Credit for these costs in conjunction with an SDHDA First-time Homebuyer loan.

SDHDA Awards $8.5 Million in Housing Development and Rehabilitation Funding

PIERRE, SD - May 29, 2009 - (RealEstateRama) — The South Dakota Housing Development Authority’s (SDHDA) Board of Commissioners recently approved more than $2.5 million in Housing Tax Credits, $4.9 million in HOME Investment Partnerships Program, and $1.1 million in Neighborhood Stabilization Program funding that will help finance eleven developments across South Dakota.

State Housing Agency Lowers First-time Homebuyer Program Mortgage Rate to Make Homeownership More Affordable

PIERRE, SD - May 13, 2009 - (RealEstateRama) — To continue making homeownership more affordable, the South Dakota Housing Development Authority (SDHDA) announced today that their 30-year mortgage interest rates have been lowered. The interest rate for starting Step Rate loans is now 3.50%. The 30-year Fixed Rate option was reduced to 4.50% and the Fixed Rate Plus Option, which includes 3% cash assistance, was lowered to 5.00%.

Funds Available for Existing Emergency Housing Shelters

Pierre, SD - January 13, 2009 - (RealEstateRama) — Through the Office of Housing and Urban Development (HUD), Emergency Shelter Grants are available for existing South Dakota emergency housing shelters to improve or expand their facilities.

South Dakota to receive $19.6 million to Stabilize Neighborhoods

Pierre, SD - January 14, 2009 - (RealEstateRama) — Governor Mike Rounds recently announced that Housing and Urban Development (HUD) has approved South Dakota’s action...

Statewide Homeless Count to be Conducted by the South Dakota Housing for the Homeless...

Pierre, SD - January 13, 2009 - (RealEstateRama) — The South Dakota Housing for the Homeless Consortium (Consortium) is conducting a one-day survey on January 29, 2009 to count the number of homeless families and individuals throughout South Dakota.

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...

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...

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Governor’s House Program Marks 15 Years, 1,800 Homes

PIERRE, S.D. - February 18, 2010 - (RealEstateRama) -- As it enters its 15th year, the South Dakota Governor's House Program has built and placed more than 1,800 homes in South Dakota according to the South Dakota Housing Development Authority, which administers the program.

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“Friend of Housing” Award Goes to Jeff Mitchell

South Dakota Housing Development Authority (SDHDA) awarded Jeff Mitchell with the “Friend of Housing” award during SDHDA’s 26th Annual Housing Conference held last week in Pierre. Mr. Mitchell was honored for his dedication and contribution to affordable housing in South Dakota. He serves as an integral housing advocate to his community and also to the region on housing related issues.