Boosting homeownership rates
Monday, January 29, 2018
After the housing crash, the U.S. homeownership rate fell to 50-year low. The economy has taken a while to turn around but Census Bureau data indicates homeownership is on the rise. In July of 2017, the rate was up to 63.7 percent.
GROW South Dakota has been helping people realize their dreams of homeownership for over 50 years. With our help, eligible South Dakota residents can obtain zero percent interest loans towards a home purchase. These loans of up to $10,500 are deferred for the term of the mortgage.