GROW SD Earns FHA Designation

Wednesday, July 06, 2016

GROW South Dakota has received approval from the Federal Housing Administration to provide down payment closing cost assistance to FHA-qualified homebuyers. The US Department of Housing and Urban Development’s Denver Homeownership Center notified GROW SD of its new status in June.

GROW SD has limited funding designated for down payment assistance in South Dakota’s urban areas of Sioux Falls and Rapid City. Homebuyers in those cities may be eligible for up to $10,000 in down payment and closing cost assistance – a 0% interest deferred mortgage for the purchase of an owner occupied principal residence.

For more information on the down payment and closing cost assistance call (605) 698-7654 or complete the application online.

Category: GROW SD

A Half-Century of Serving South Dakotans

For more than half a century, the three nonprofit organizations comprising GROW South Dakota have fulfilled a vision of “GROWing sustainable communities through housing, community and economic development.” In 1966 the Northeast South Dakota Community Action Program (NESDCAP) was established as a Community Action Agency in the War on Poverty and has served thousands in 17 counties with emergency services as well as various housing programs.

GROW SD Earns FHA Designation

You May Also Be Interested In:

2015 BUSH PRIZE Winner Video

GROW South Dakota Participates in Media Relations Program

Regional Roundtable Serves Northeastern South Dakota

Beautification Projects Take Shape in Sisseton

A Half-Century of Serving South Dakotans