Board awards $10.5 million in federal, $760,000 in state funds to affordable housing projects

A state board awarded over $10.5 million in federal funding at its Dec. 10 meeting to help rehabilitate or construct affordable housing in South Dakota.The developments received $3.33 million in Housing Tax Credits, $4.27 million in HOME Investment Partnership Program funds and $2.93 million in Housing Trust Funds.Housing is considered affordable in South Dakota when residents hav...

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