Applications for Housing Opportunity Fund Being Accepted
WASHINGTON, D.C. – August 13, 2013 – (RealEstateRama) — South Dakota Housing Development Authority (SDHDA) is now accepting applications for funding under the Housing Opportunity Fund (HOF). The HOF program was created via the “Building South Dakota Fund” during the 2013 legislative session and is designed to promote economic development in South Dakota by expanding the supply of decent, safe, sanitary and affordable housing targeted to low and moderate income families and individuals in South Dakota.
The Housing Opportunity Fund may be used for new construction or the purchase and rehabilitation of rental or home ownership housing, housing preservation, including home repair grants and grants to make homes more accessible to individual with disabilities, homelessness prevention activities, and community land trusts.
Any for-profit entity, nonprofit entity, tribal government, housing authority, political subdivision of this state or agency of such subdivision, or agency of this state is eligible to apply. Applications for funding are due to SDHDA by October 1, 2013. More information on the HOF program and the application forms can be found on SDHDA’s website – www.sdhda.org.
To gather additional information on the HOF program please contact Lorraine Polak, Director of Rental Housing Development by email: Lorraine (at) sdhda (dot) org or by phone: 605-773-3108.
Contact:
Mark Lauseng, Executive Director
605.773.3181
