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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.
Johnson Announces Funding for Neighborhood Housing Services of the Black Hills
Washington, DC – September 11, 2008 - (RealEstateRama) — U.S. Senator Tim Johnson (D-SD) announced today that the Neighborhood Housing Services of the Black...
Johnson Announces Rapid City to Receive $488,747 in Community Development Block Grants
Washington, DC - August 7, 2008 - (RealEstateRama) — U.S. Senator Tim Johnson (D-SD) announced today that Rapid City will receive a $488,747 Community...
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...
