South Dakota Housing Development Authority (SDHDA) is inviting developers to submit applications for funding from the HOME Investment Partnerships program, Housing Tax Credit program and the Housing Opportunity Fund.


HOME Program – January 13, 2013 – (RealEstateRama) — 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.

Housing Tax Credit Program – For housing tax credits, there is an estimated $2,675,000 available for 2014 with the project limit of $535,000, developer limit of $668,750 and Non-profit set aside of $267,500.

HOME applications in National News
HOME applications in Social Media

Housing Opportunity Funds – For Housing Opportunity Funds, there is an estimated $2,250,000 available. The breakdown for location and activities is as follows –

$630,000 for Rental
$630,000 for Homeownership
$315,000 for programs
$270,000 for Rental
$270,000 for Homeownership
$135,000 for programs

Please visit our website under the Business Partners/Developers tab for additional information including the allocation plans, application forms, and proformas. Please be advised that SDHDA will not accept Public Housing Authority utility allowance calculations, however, SDHDA will work with the applicants to calculate utility allowances. Applicants must use the Utility Allowance Worksheet which can be found on either the HOME Program, Housing Tax Credits, or the Plans, Forms and Resources page to provide necessary information for this calculation. Please contact Scott Rounds, Joanne Heckenlaible, Peggy Severson, or Lorraine Polak with any questions.


South Dakota RealEstateRama is an Internet based Real Estate News and Press Release distributor chanel of RealEstateRama for South Dakota Real Estate publishing community.

RealEstateRama staff editor manage to selection and verify the real estate news for State of South Dakota.


Previous articleSDHDA Awards $1.8 Million in Housing Opportunity Funds
Next articleSDHHC Seeks Comments on CoC Consolidated Application