In South Dakota, Nearly $30M Awarded for Affordable Housing
The funds will be used for both new-construction housing projects as well as for rehab work and housing infrastructure
Dec. 19, 2023
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On Dec. 12, South Dakota Housing’s Board of Commissioners awarded nearly $30 million for use in building new multifamily housing and single-family housing, as well as multifamily rehabilitation and housing infrastructure, DRGNews.com reports.
In total, the 26 developments funded will provide South Dakotans with 127 newly constructed multifamily housing units, 25 newly constructed single family housing units for rental, 72 rehabbed multifamily units and 8 new single-family homes. In addition, the developments will provide infrastructure development for an estimated 2,815 single family lots and 1,449 multifamily units.
