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The $200 million in housing infrastructure grants and loans likely won’t reach developers until September. That’s what state lawmakers on the executive board are hearing from the new head of South Dakota Housing Development Authority.
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The head of South Dakota Housing Development Authority is stepping down from the position after holding it for more than two years. The move comes as the state agency is setting rules for a contentious $200 million dollar housing infrastructure program.
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The dream of a cozy home on your own plot of land is the goal of many families. In Pukwana, South Dakota, owning that land has become much easier.
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Over the course of April, a series of events geared towards property owners, realtors, and others in the housing business will be held across the state.
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The Bush Foundation has made a historic investment in Rapid City. A $3 million grant will support and expand affordable housing where it's needed most.
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The Black Hills Area Community Foundation will receive $3 million to incentivize affordable housing in Rapid City.
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A renewed attempt to establish a fund to support housing development in South Dakota is now just a signature away from becoming law.
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House lawmakers will wait another legislative day before voting on an update to a contentious bill from last year. The bill sets up a grant and loan fund for housing infrastructure.
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South Dakota lawmakers are moving quickly to get $200 million out the door for housing infrastructure projects.
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A South Dakota senate panel is moving quickly to create a fund that will provide low-interest loans and grants for housing infrastructure projects.