Become a member today!

The SD Housing Authority has officially started a pilot program of $500,000, which went live on September 1. This matches up to $10,000 for a down payment on a manufactured house twenty years or newer. Eligibility requirements include that applicants must purchase manufactured housing in South Dakota, and the home must stay in state for the life of the first mortgage. This must be applicants' primary residence. To be eligible, homeowners must meet the annual household of being at or below 120% of the county area median income or state area median income (AMI), whichever is higher, based on HUD criteria. The goal of this program is to assist the segment of homeowners who are qualified to purchase manufactured homes but are unable to provide the full down payment as required by specialized lenders. 

SDMHA is incredibly excited for the opportunity that this program will bring to South Dakotans for home ownership. SDMHA is also grateful for the continued support of Rep. Mike Weisgram and the SD Housing Authority and Board.