New Construction

South Dakota Housing
Development Authority
SDHDA helps people become homeowners by providing a variety of programs that assist low and moderate-income South Dakotans. Below market interest rates, closing cost assistance, down payment programs, the Governor's House and home improvement loans are all part of SDHDA's goal of Building a Better Quality of Life.

Visit  www.sdhda.org  to find more information on the following programs:
• First Time Home buyer Program
• Mortgage Assistance Program - MAP
• Employer Mortgage Assistance Program - EMAP
• Loan Assistance Program - LAP
• The Governor's House
• Community Home Improvement Program - CHIP

USDA Rural Housing Programs
USDA provides direct loans and grants to credit worthy residents who would otherwise be unable to obtain financing for a family home. Guaranteed loans are made by commercial lenders for single family housing. Direct and guaranteed loans are made to provide multi-family housing or apartments for low-income rural residents.

The Community Facility Program provides loans, grants, and loan guarantees to fund a variety of public improvements, such as centers for healthcare, day care, public safety, and other public facility projects.

Visit  www.rurdev.usda.gov  to view fact sheets on the following programs:
• Guaranteed Rural Housing Loans
• Home Ownership Loans
• Section 504 Rural Home Repair Loans and Grants
• Rural Rental Housing Loans
• Section 538 Rural Rental Housing Guaranteed Loans
• Rural Housing Site Loans
• Self Help Housing Loans
• Technical Assistance for Self-Help Housing
• Housing Preservation Grants
• Farm Labor Housing
• Equal Opportunity for USDA Rural Development Loan and Grant Recipients

Prairieland Housing Development (PHD)
District 3
Prairieland Housing Development (PHD) is the name of a new, non-profit organization whose main goal will be to construct affordable housing in the region. The organization is incorporated and has been recognized by the Secretary of State.

PHD is working with several communities to develop affordable, single family homes using the Governor’s House.

Basic Fact Sheet
More information from the District 3 web site

Other Helpful Links
South Dakota Community Network The SD Community Network is an online resource for rural community development activities in South Dakota.  The Network provides comprehensive information about financial and technical resources available to South Dakota's communities and organizations for community development projects and initiatives.  The Network is also an online resource for sharing information regarding upcoming community/economic development events, on-going community development activities, and upcoming funding opportunities

District 3 This site is dedicated to supporting the development of the District III Service Area of Lyman, Tripp, Brule, Gregory, Charles Mix, Jerald, Aurora, Douglas, Bon Homme, Sanborn, Davison, Hanson, Hutchinson, and Yankton counties. You will find the information about the wealth of resources, support and services for homeowners in South Dakota.

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