Nearly all grant money from state’s $200M housing fund is awarded; loan money remains • South Dakota Searchlight

Nearly All Grant Money From State’s $200M Housing Fund Is Awarded; Loan Money Remains

A state board has awarded nearly all of the grant funding for the state’s Housing Infrastructure Financing Program, while much of the program’s loan money remains available.

Nearly all grant money from state’s $200M housing fund is awarded; loan money remains • South Dakota Searchlight

Houses under construction. (Getty Images)A state board has awarded nearly all of the grant funding for the state’s Housing Infrastructure Financing Program, while much of the program’s loan money remains available. The program uses a mix of state and federal money to ease the burden of high inflation for homebuilders and address a need for workforce housing. Lawmakers created the program in 2023, after legal wrangling held up the funds the previ…

Nearly all grant money from state’s $200M housing fund is awarded; loan money remains

PIERRE — A state board has awarded nearly all of the grant funding for the state’s Housing Infrastructure Financing Program, while much of the program’s loan money remains available.