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Rounds Introduces Amendment to Budget Resolution to Open More Mortgage Options in Rural Areas

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

SDHDA Reduces Interest Rates for First-time Homebuyers

Pierre, SD - September 13, 2010 - (RealEstateRama) -- While fall leaves are dropping, so are the interest rates for First-time Homebuyer Loans through South Dakota Housing Development Authority (SDHDA).

HUD approves $2.4 million deal for addition to hospital construction project in Hot Springs,...

WASHINGTON, DC - August 10, 2009 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today announced a commitment to insure a mortgage loan to Fall River Health Services (FRHS) in Hot Springs, South Dakota, to construct a 10-bed addition to the 15-bed replacement hospital currently under construction.

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%.

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...

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...

Johnson: Assistance Available to Prevent Foreclosure

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...

Top Loan Officers Earn Recognition

Pierre, SD., November 15, 2007 -- The South Dakota Housing Development Authority (SDHDA) is pleased to announce the seven top Loan Officers of SDHDA...

SDHDA Reduces Interest Rates for First-time Homebuyer Loans

October 17, 2007 -- While the temperatures are dropping, so are the interest rates for First-time Homebuyer Loans through The South Dakota Housing Development...

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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.