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South Dakota 125 Anniversary

About SDHDA SDHDA News SDHDA's May E-Newsletter

SDHDA's May E-Newsletter

Financing Tool Available from SDHDA for Communities to Develop Workforce Housing
Of the tools that SDHDA has available for the development of affordable rental housing, most have guidelines set by the federal government to serve populations at or below 80% of the Area Median Income (AMI).  Over time a missing piece in affordable housing has developed for many communities; housing for their working families with median incomes above 80% AMI.  Without financing tools, such as SDHDA’s new Community Housing Development Program,  the cost maybe too great for communities or developers to build new housing while still making it affordable.  Click here to read more about the Community Housing Development Program.

SDHDA Awards $9.51 Million in Housing Development and Rehabilitation Funding
Recently SDHDA’s Board of Commissioners approved $2.78 million in Housing Tax Credits, $5.64 million in HOME Investment Partnerships Program funding and $1.09 million in Neighborhood Stabilization Program 3 (NSP3) funding for housing development and rehabilitation across the state.  Click here to learn more about the funded recipients.

South Dakota Establishes the Housing Opportunity Fund With Governor Dennis Daugaard’s signature making SB 235 law, housing and homeless advocates across the state are celebrating the creation of the South Dakota Housing Opportunity Fund, which will be used to preserve and expand sustainable, affordable and safe housing in communities throughout the state.  To read more about SB 235 and the Housing Opportunity Fund, click here.

SDHDA Provides Governor's House for Operation Black Hills Cabin
Veterans wounded in combat during the Iraq and Afghanistan conflicts now have a special place where they can spend a quiet week with family in the peaceful beauty of South Dakota’s Black Hills -- free of charge.  Called Operation Black Hills Cabin, the all-volunteer program offers free use of a Black Hills cabin to qualifying disabled veterans from across the United States. The program began two years ago, using vacation rental cabins donated by local lodging companies. However this year, Operation Black Hills Cabin has its own dedicated cabin specifically for the vets.  Click here to read more about SDHDA's donation or about Operation Black Hills Cabin .

You're Invited to the FREE 8th Annual Homeless Summit "Seeing the Big Picture"
If you work for a state, county or local agency, a faith-based organization or a non-profit, or you are an educator or advocate that serves the homeless, South Dakota Housing for the Homeless Consortium (SDHHC) invites you to attend the 8th Annual Homeless Summit, June 4-5 at Cedar Shores Resort in Oacoma.  The homeless summit is a free opportunity for attendees.  Click here to read more about the summit and to register.
SDHDA Calendar of Events

Mountain Plains Housing Summit
May 6-8 - Bozeman, MT

HUD Furlough Day
May 10 - Statewide

SD Connections Meeting
May 21 - Rapid City
May 22 - Online

SDHDA Offices Closed for Memorial Day
May 27 - Pierre & Springfield
June 4-5 - Oacoma
June 9-11 - Rapid City

3060 E. Elizabeth Street Pierre, SD 57501 605.773.3181

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