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.

Washington, DC - July 20, 2009 - (RealEstateRama) -- Today, Rep. Stephanie Herseth Sandlin announced that the Sisseton-Wahpeton Housing Authority is the recipient of a Department of Housing and Urban Development (HUD) Indian Housing Block Grant in the amount of $3,036,849. These funds may be used by the tribe for a variety of eligible housing activities.

WASHINGTON, DC - July 16, 2009 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today approved plans for Rapid City and the City of Sioux Falls to use $354,383 in federal grants to help stabilize and revive local neighborhoods, rehabilitate affordable housing, and improve key public facilities. Individually, Rapid City is receiving $132,734 and the City of Sioux Falls is receiving $221,649. Funded through American Recovery and Reinvestment Act of 2009, HUD’s Community Development Block Grant (CDBG) Program will support state and local community development while stimulating employment.

WASHINGTON - June 17, 2009 - (RealEstateRama) - U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to 14 storm-ravaged counties in South Dakota and provide support to homeowners and low-income renters forced from their homes due to ongoing severe storms and flooding.

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.

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.

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%.

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.

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

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.