PIERRE, (KCCR) — The South Dakota Housing Board of Commissioners approved a new program aimed at helping increase access to manufactured housing in the state. The Manufactured Housing Downpayment Program will provide assistance with down payment funds for the purchase of a manufactured home. District 24 Representative-elect Mike Weisgram proposed a similar program through a bill last winter…
Weisgram’s bill would have used Housing Infrastructure money set aside 2025. It lost by only a single vote and he says he’ll go after more funding if the program takes off…
Weisgram says the program will help fill a needed cap to cover…
To qualify for assistance, a household’s annual gross income can not exceed 120-percent of the county Area Median Income or state A-M-I, whichever is larger. Eligible buyers can get assistance equal up to 50-percent of the lender’s required minimum down payment, not to exceed 10-thousand dollars.
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