South Dakota RealEstateRama

The South Dakota Housing Development Authority (SDHDA) Board of Commissioners recently approved the funding of 15 projects with money from the Housing Opportunity Fund (HOF).  The HOF program was created via the “Building South Dakota Fund” during the 2013 Legislative Session and was designed to promote economic development in South Dakota by expanding the supply of affordable housing

U.S. Senator Mike Rounds (R-S.D), a member of the Senate Committee on Banking, Housing and Urban Affairs, applauded today’s passage of “The Financial Regulatory Improvement Act of 2015” out of committee.

As a lifelong farmer and rancher, I also understand the importance of reasonable deduction levels for new equipment and have heard repeatedly from producers and business owners across the state who are looking for more certainty with how the federal tax code treats these types of investments. In response, earlier this year the House passed legislation that would permanently increase what is known as Section 179 expensing to provide more certainty for our agriculture producers and small businesses.

In 2014, the Environmental Protection Agency (EPA) and the U.S. Army Corps of Engineers proposed a rule to expand the definition of ‘waters of the U.S.’ This power grab would dramatically expand the federal government’s jurisdiction under the Clean Air Act, beyond what the Act intended. The proposed rule, commonly known as WOTUS, has the potential to be one of the most burdensome and overreaching regulations in history for South Dakota’s farmers and ranchers by requiring onerous and unnecessary new permits.

Renters and landlords across South Dakota now have an additional place to turn when disputes arise, especially those involving Fair Housing Act issues of discrimination.

U.S. Sen. Mike Rounds (R-S.D.), a member of the Senate Banking Committee, today introduced an amendment to the budget resolution to facilitate help for those in rural areas seeking a mortgage to purchase a home. The Dodd-Frank financial reform law of 2010 has made it more difficult for citizens in rural areas to receive a mortgage

"Paint – South Dakota” is underway again for another remarkable campaign season and South Dakota Housing Development Authority is seeking volunteers to pick up paint brushes and set aside some free time to help residents in their communities.

South Carolina REALTORS® (SCR) applaud the United States Senate on its 72-22 vote to approve the Homeowner Flood Insurance Affordability Act (H.R. 3370), which holds the Federal Emergency Management Agency (FEMA) accountable for the Biggert-Waters implementation issues.

Each year the U.S. Department of Housing and Urban Development (HUD) allocates funding for homeless assistance programs through the Continuum of Care (CoC) competition process. In order to receive funding, each Continuum of Care must submit a consolidated application for funding that describes how local activities meet or exceed HUD requirements and are aligned with community needs.

In addition to the set-asides, there is $3,425,000 General Pool funds available for the 2014 HOME applications. The 2014 per project limit is $685,000; the per developer, sponsor, or owner limit is $856,250; and the per community limit is $1,712,500.