The purpose of the public meetings is to obtain citizens’ views, answer questions and discuss housing and community development needs. Information gathered at these meetings will be utilized to establish goals and prioritize funding.
Annually the state of South Dakota receives approximately $9 million from the U.S. Department of Housing and Urban Development (HUD) to support the development of viable communities by providing decent housing, suitable living environments and expanded economic opportunities to low- and moderate-income persons.
SDHDA and GOED annually prepare a planning document (Annual Action Plan) that outlines how the $9 million of Community Development Block Grant (CDBG), Emergency Solutions Grant (ESG), and HOME Investment Partnerships (HOME) program funds will be allocated.
In addition to the 2016 Annual Action Plan, allocation plans for the following SDHDA housing finance programs will be discussed: HOME Program, Housing Tax Credit Program, Emergency Solutions Grants (ESG) Program and Housing Opportunity Fund. The Citizen Participation Plan, which outlines how SDHDA and GOED solicit public participation will also be addressed.
SDHDA is anticipating the funding of the National Housing Trust Fund in 2016. This is a new rental housing program for extremely low- and very low-income households. SDHDA will utilize the public meetings to gather input on how the funds should be administered for South Dakota.
Persons interested are encouraged to attend one of the following public meetings:
Interested persons unable to attend the public meetings may submit written comments to SDHDA, PO Box 1237, Pierre, SD 57501, by Feb. 3, 2016, at 5 p.m. Central Time.
Information on the above programs and copies of the current plans may be obtained without charge by calling (605) 773-3181 or by visiting www.sdhda.org.
South Dakota Housing Development Authority (SDHDA) was created by the South Dakota legislature in 1973 with a stated mission to provide decent, safe and affordable housing to low- and moderate-income South Dakotans. SDHDA is a self-supporting, nonprofit entity that uses no state tax dollars to fund its operating budget. SDHDA utilizes housing bonds, tax credits and other federal and state resources to fund housing programs that provide mortgage and downpayment assistance, housing construction and rehabilitation, homelessness prevention and rental assistance. SDHDA does not discriminate against any person because of race, color, creed, religion, sex, disability, familial status or national origin. For more information, visit www.sdhda.org.
The South Dakota Housing Development Authority…Building a Better Quality of Life.