South Dakota Housing Releases Draft 2024-2025 Housing and Community Development Allocation Plans

PIERRE, S.D. (2/8/24) – South Dakota Housing, in partnership with the Governor’s Office of Economic Development, released the 2024 Annual Action Plan and the draft allocation plans for the HOME, Housing Tax Credit, Housing Trust Fund, Emergency Solutions Grants, Community Development Block Grant, and Housing Opportunity Fund programs for public comment.

The annual action plan is a planning document that outlines how the estimated $12.5 million in housing and community development funds from HUD will be allocated, whereas the draft allocation plans describe how the allocated funds will be distributed.

Persons interested in providing comments may do so by attending the public meeting that will be held on March 5, 2024, at 2:00 p.m. CT, or by sending written comments to SD Housing, attention Amy Eldridge, PO Box 1237, Pierre, SD 57501, by fax (605) 773-5154 or emailing to amy@sdhda.org. All comments are due by 5 p.m. CT, March 14, 2024.

Interested persons may access the public meeting online via the Microsoft Teams link, by phone at 469.253.5858; Conference ID: 718833132#, or may attend in person at SDH’s Conference Room, 3060 East Elizabeth St., Pierre, South Dakota.

For more information, contact Amy Eldridge at 605.773.3181 or amy@sdhda.org. Copies of the current plans may be obtained without charge by calling (605) 773-3181 or by visiting www.sdhousing.org.

###

About South Dakota Housing:

South Dakota Housing Development Authority was created by the South Dakota Legislature in 1973 with a stated mission to provide opportunities for quality, affordable housing for South Dakotans. SD Housing is a self-supporting, nonprofit entity known for its commitment for providing innovative financing solutions to create and preserve affordable housing. SD Housing utilizes housing bonds, tax credits, and other federal and state resources to fund housing programs which provide mortgage and downpayment assistance, housing construction and rehabilitation, homelessness prevention, rental assistance, and educational opportunities.

Previous
Previous

Savings Strategies: How to Boost Your Down Payment Fund for Your First Home

Next
Next

From Financing to Roads and Utilities with Toby Morris, Senior VP of Colliers Securities LLC.