SD Housing Development Authority First-Time Homebuyer

South Dakota Housing Development Authority

Available Down Payment

About This Program

Provides down payment and closing cost assistance for first-time homebuyers in South Dakota. Includes competitive interest rate mortgages and forgivable second mortgage for down payment assistance.

Down payment assistance provided as forgivable second mortgage

Key Details

  • Up to $15,000 in down payment assistance
  • Must be first-time homebuyer
  • Income limits apply by household size
  • Forgivable loan after 5 years of occupancy
  • Competitive below-market interest rates

How to Apply

A grant-savvy contractor in Huron, SD can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Ongoing; subject to fund availability

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Huron, SD

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