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Our Mission

The Authority is committed to leading the affordable housing industry by our integrity, innovation and financial strength. We are a team of highly motivated individuals dedicated to encouraging the prudent investment of public financing and private capital to stimulate the construction, preservation, rehabilitation, purchase and development of affordable single and multifamily housing and daycare facilities. We are committed to the long-term affordability and feasibility of every project we undertake. Decisions are guided by integrity, research and prudent planning. We seek to minimize risks and maintain a selective, conservative, knowledgeable approach to development.

SDHDA

The South Dakota Housing Development Authority (the "Authority") was created in 1973 by the State Legislature as an independent public instrumentality to exercise essential public functions.

The Authority has traditionally been involved in issuing tax exempt bonds for the purpose of financing and developing both single-family and multifamily mortgage loans; the delivery of housing programs made available through the US Department of Housing and Urban Development (HUD); and the issuance of housing tax credits made available through the US Department of Treasury, Internal Revenue Service (IRS).

Fast Fact Image

The GROW South Dakota Organizations Have had a Remarkable Few Years!

NESDEC celebrated 40 years in 2018, making over 2,000 business loans worth more than $71 million that created or maintained over 12,400 jobs.

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GROW South Dakota

GROW South Dakota
104 Ash Street East | Sisseton, SD  57262
Phone (605) 698-7654 | Fax (605) 698-3038 info@growsd.org