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SDHDA Awards $9.2 Million for Affordable Housing in South Dakota

Published on December 11, 2019 by South Dakota Housing Development Authority
SDHDA Awards $9.2 Million for Affordable Housing in South Dakota

PIERRE, SD — South Dakotans will be seeing additional housing development and preservation across the state. South Dakota Housing Development Authority’s (SDHDA) Board of Commissioners approved the award of more than $9.2 million in funding for housing activities.

The developments will receive $2.7 million in Housing Tax Credits, $2.9 million in HOME Investment Partnership Program funds, $1.5 million in Housing Opportunity Funds and $2.1 million in Housing Trust Funds.

The 26 projects funded will provide South Dakotans with 268 newly constructed and nine rehabbed multifamily housing units and 22 single-family housing units. In addition, 50 individuals and families will be provided with down payment assistance, 18 individuals and families will be provided with home improvement assistance and 41 individuals and families will be provided with homelessness prevention assistance.

“Each year we have a high level of competition for our housing development funds,” said Executive Director Mark Lauseng, “and this year was no exception with SDHDA receiving 36 applications requesting more than $17 million.”

Funded applications include multifamily developments in Eagle Butte, LaPlant, Rapid City, Sioux Falls and Vermillion. Funded single-family developments will be located in Hot Springs, Kimball, Mitchell, Parkston, Rapid City, Sioux Falls, Watertown and Yankton.

“The projects funded will result in over $50 million in total development costs, preserving and strengthening South Dakota’s housing stock,” said David Pummel, SDHDA board chairman. “They will help low-income families, elderly residents, individuals with disabilities and homeless citizens with a place to call home.”

Below is information regarding funded recipients:

Development name: Arbor Ridge Senior Apartments II

Development location: TBD S. Foss Avenue, Sioux Falls

Developer: TRK Development Inc.

Housing Tax Credits reserved: $640,000 ($5,644,800 in HTC equity)

HOME Funds reserved: $685,000

Development summary: The new construction of a three-story apartment building containing 61 housing units for persons 55 and older at or below 60 percent of the area median income. There will be 35 one-bedroom units and 26 two-bedroom units.

 

Development name: Black Hills Works Rehabilitation Center – Sitka

Development location: 3603 Sitka St., Rapid City

Developer: Black Hills Works, Inc.

Housing Trust Funds reserved: $500,000

Development summary: The rehabilitation of a group home consisting of nine housing units for persons with a disability at or below 50 percent of the area median income for Pennington county. There will be eight one-bedroom units and one two-bedroom unit.

 

Development name: Creekside Apartments

Development location: TBD, LaPlant

Developer: Cheyenne River Housing Authority

Housing Trust Funds reserved: $864,814

Development summary: The new construction of an apartment building consisting of six housing units for families with children at or below 30 percent of the area median income for Dewey county. There will be one one-bedroom unit, three two-bedroom units and two three-bedroom units.

 

Development name: Discovery Village Apartments

Development location: TBD Anamosa Street, Rapid City

Developer: Blue Line Development, Inc.

Housing Tax Credits reserved: $639,778 ($5,630,048 in HTC equity)

Development summary: The new construction of three apartment buildings consisting of 36 housing units for persons at or below 60 percent of the area median income. There are 14 two-bedroom units and 22 three-bedroom units. Two units will be market rate and one unit will be the onsite manager’s unit.

 

Development name: Habitat for Humanity Black Hills Area – Hot Springs Development

Development location: Tract D, Block 22, Minnekahta Addition, Hot Springs

Developer: Black Hills Area Habitat for Humanity, Inc.

HOME funds reserved: $82,447

Development summary: The new construction of a three-bedroom Governor’s House built on a crawlspace with a detached single car garage for a family at or below 50 percent of the area median income for Fall River county.

 

Development name: Habitat for Humanity Black Hills Area – Midway Development

Development location: 1221 Midway St., Rapid City

Developer: Black Hills Area Habitat for Humanity, Inc.

HOME funds reserved: $209,295

Development summary: The new construction of three three-bedroom single family homes built on a crawlspace with a 12’x8’ storage shed for persons at or below 70 percent of the area median income for Pennington county.

 

Development name: Habitat for Humanity Greater Watertown Region – #30 & #31

Development location: 206 13th St. SW, Units A & B, Watertown

Developer: Habitat for Humanity Greater Watertown Region

Housing Opportunity Funds reserved: $200,000

Development summary: The new construction of a twin-home built on a concrete slab consisting of four bedrooms and two bathrooms each for persons at or below 80 percent of the area median income for Codington county.

 

Development name: Habitat for Humanity of Clay and Yankton Counties – Yankton Build H-44

Development location: 703 Linn St., Yankton

Developer: Habitat for Humanity of Clay and Yankton Counties

Housing Opportunity Funds reserved: $70,788

Development summary: The new construction of a single family home built on a basement with three bedrooms and an oversized single car garage for persons at or below 60 percent of the area median income for Yankton county.

 

Development name: Habitat for Humanity of Greater Sioux Falls Building Hope

Development location: 4905 & 4907 W. Jacks St., Sioux Falls

Developer: Habitat for Humanity of Greater Sioux Falls, Inc.

HOME Funds reserved: $130,000

Development summary: The new construction of a twin-home built on a concrete slab for persons at or below 50 percent of the area median income for Minnehaha county. Each home will be built to meet the size requirements of the families once identified and will included a double car garage.

 

Development name: Habitat for Humanity of Greater Sioux Falls Building Houses, Building Neighborhoods

Development location: 719 N. Sherwood Ave.; 1208 N. Archer Dr., Sioux Falls

Developer: Habitat for Humanity of Greater Sioux Falls, Inc.

Housing Opportunity Funds reserved: $147,000

Development summary: The new construction of two single family homes built on a basement for persons at or below 50 percent of the area median income for Minnehaha county. Each home will be built to meet the size requirements of the families once identified and will included a double car garage.

 

Development name: Irving Center Apartments

Development location: 430 W. 11th St., Sioux Falls

Developer: Y Housing IV, LLC

Housing Tax Credits reserved: $551,297 ($4,741,152 in HTC equity)

HOME Funds reserved: $330,000

Development summary: The new construction of a three-story apartment building consisting of 35 housing units for persons at an average of 60 percent of the area median income. There will be 12 one-bedroom units, 12 two-bedroom units and three three-bedroom units.

 

Development name: Lacey Village Townhomes

Development location: East 6th Street and North Bahnson Avenue, Sioux Falls

Developer: Inter-Lakes Community Action Partnership, Inc.

Housing Tax Credits reserved: $593,675 ($5,105,609 in HTC equity)

HOME Funds reserved: $1,000,000

Development summary: The new construction of six apartment buildings containing a total of 46 townhome housing units for persons at an average of 60 percent of the area median income. There will be 10 one-bedroom units, 24 two-bedroom units and 10 three-bedroom units. The community room is being enlarged for an on-site youth development program for after school.

 

Development name: Lifescape Continuum Home

Development location: 4001 S. Hawthorne Ave., Sioux Falls

Developer: South Dakota Achieve, Inc. dba LifeScape

Housing Trust Funds reserved: $752,000

Housing Opportunity Funds reserved: $150,000

Development summary: The new construction of a duplex consisting of a total of eight housing units for persons with a disability at or below 30 percent of the area median income. The units will be single room occupancy units each having its own bathroom.

 

Development name: Madison Park Townhomes II

Development location: TBD North Norbeck Street, Vermillion

Developer: G.A. Haan Development, LLC

Housing Tax Credits reserved: $100,000 ($900,000 in HTC equity)*

HOME Funds reserved: $425,000*

Development summary: The new construction of four apartment buildings containing a total of 40 townhome housing units for persons at or below 60 percent of the area median income.  There will be 20 two-bedroom units and 20 three-bedroom units. Nine units will be market rate.

*additional funding

 

Development name: SHELTER – Kimball, Parkston, Mitchell

Development location: TBD, Kimball, Parkston and Mitchell

Developer: SHELTER Community Housing Corporation

Housing Opportunity Funds reserved: $256,000

Development summary: The new construction of three single family homes for persons at or below 80 percent of the area median income for Brule, Hutchinson and Davison counties respectively. Each home will be built to meet the size requirements of the families once identified and will included a garage.

 

Development name: South Eastern Development Foundation Workforce Housing Program

Development location: TBD Grasslands Addition, Sioux Falls

Developer: South Eastern Development Foundation

Housing Opportunity Funds reserved: $120,000

Development summary: The new construction of eight three-bedroom Governor’s Houses with garages for persons at or below 80 percent of the area median income for Minnehaha county.

 

Development name: Wiyaka Sakpe (Six Feathers)

Development location: 401 Owohe Nupa Dr., Eagle Butte

Developer: Cheyenne River Housing Authority

Housing Tax Credits reserved: $213,345 ($1,792,090 in HTC equity)*

Development summary: The new construction of seven apartment buildings containing a total of 36 townhome housing units for persons at or below 60 percent of the area median income. There will be six one-bedroom units, 18 two-bedroom units and 12 three-bedroom units.

*additional funding

 

Development name: GROW South Dakota Down Payment Assistance/Closing Cost Assistance Program – Rural and Urban

Development location: Scattered sites in rural South Dakota; Sioux Falls and Rapid City

Developer: GROW South Dakota

Housing Opportunity Funds reserved: $120,000

Development summary: Funding for homebuyer assistance that will assist an estimated 24 persons at or below 115 percent of the area median income for the respective county.

 

Development name: Homes Are Possible, Inc. 2019-2020 Homebuyer Assistance

Development location: Scattered sites in eastern South Dakota

Developer: Homes Are Possible, Inc. (HAPI)

Housing Opportunity Funds reserved: $62,000

Development summary: Funding for homebuyer assistance that will assist an estimated 15 persons at or below 80 percent of the area median income for the respective county.

 

Development name: Inter-Lakes Community Action Partnership ESG Grant Match – Rural and Urban

Development location: Scattered sites in eastern South Dakota

Developer: Inter-Lakes Community Action Partnership (ICAP)

Housing Opportunity Funds reserved: $78,464

Development summary: Funding for homelessness prevention activities for an estimated nine persons at or below 30 percent of the area median income for the respective county.

 

Development name: Inter-Lakes Community Action Partnership Owner Occupied Housing Rehab

Development location: Scattered sites in eastern South Dakota

Developer: Inter-Lakes Community Action Partnership (ICAP)

Housing Opportunity Funds reserved: $86,000

Development summary: Funding for a homeowner rehabilitation program that will assist an estimated eight homeowners at or below 50 percent of the area median income for the respective county.

 

Development name: Neighborhood Lending Services, Inc. Down Payment/ Closing Costs Assistance

Development location: Scattered sites in western South Dakota

Developer: Neighborhood Lending Services, Inc.

Housing Opportunity Funds reserved: $85,500

Development summary: Funding for homebuyer assistance that will assist an estimated 11 persons at or below 115 percent of the area median income for the respective county.

 

Development name: NeighborWorks Dakota Home Resources Homeowner Rehab Program 2019 – Urban

Development location: Scattered sites in western South Dakota

Developer: NeighborWorks Dakota Home Resources

Housing Opportunity Funds reserved: $40,500

Development summary: Funding for a homeowner rehabilitation program that will assist an estimated four homeowners at or below 80 percent of the area median income for the respective county.

 

Development name: Northeast South Dakota Community Action Partnership Home Improvement Forgivable Loan Program

Development location: Scattered sites in eastern and south central South Dakota

Developer: Northeast South Dakota Community Action Partnership (NESDCAP)

Housing Opportunity Funds reserved: $75,000

Development summary: Funding for a homeowner rehabilitation program that will assist an estimated six homeowners at or below 80 percent of the area median income for the respective county.

 

Development name: Pathways Homeless Prevention

Development location: 412 E. Fourth St., Yankton

Developer: Pathways Shelter for the Homeless

Housing Opportunity Funds reserved: $23,500

Development summary: Funding for homelessness prevention activities for an estimated 14 persons at or below 30 percent of the area median income for Yankton county.

 

Development name: Rural Office of Community Services, Inc.

Development location: Scattered sites in eastern and south central South Dakota

Developer: Rural Office of Community Services, Inc. (ROCS)

Housing Opportunity Funds reserved: $30,000

Development summary: Funding for homelessness prevention activities for an estimated 18 persons at or below 115 percent of the area median income for the respective county.

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About South Dakota Housing Development Authority: 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.