The South Dakota Housing Development Authority (SDHDA) was created by the South Dakota Legislature in 1973. SDHDA is an independent, quasi-public agency that finances and develops affordable housing opportunities for low and moderate-income residents throughout South Dakota.  Our mission statement reads as follows:

"The South Dakota Housing Development Authority is committed to leading the affordable housing industry by our integrity, innovation and financial strength. We are a team of highly motivated individuals dedicated to encouraging the prudent investment of public financing and private capital to stimulate the construction, preservation, rehabilitation, purchase, and development of affordable single and multifamily housing and day care facilities. We are committed to the long-term affordability and feasibility of every project we undertake. Decisions are guided by integrity, research and prudent planning. We seek to minimize risks and maintain a selective, conservative, knowledgeable approach to development."

SDHDA is totally self-supporting and receives no tax money, appropriations or other funding from the State.