Single Family Housing

Single Family Housing Programs provide homeownership opportunities to low- and moderate-income rural Americans through several loan, grant, and loan guarantee programs. The programs also make funding available to individuals to finance vital improvements necessary to make their homes decent, safe, and sanitary. Visit the following site for a complete overview: Single Family Housing Programs

South Dakota Highlights

Guaranteed Loan Program

Guaranteed Loan Processing Time- Current turn time in South Dakota is 24 - 48 hours. Business days exclude weekends (Saturday and Sunday) and all federal holidays. All loan applications are processed in the order they are received. "Rush requests" will not be processed any differently than all other requests. Please schedule processing times accordingly.

Guaranteed Loan - Prohibited Purposes- Properties with income producing potential, as well as with non-essential buildings (guest houses, horse corral, barns, etc.) are ineligible. Small storage sheds and small pump houses are acceptable. Properties that are ff grid have catchment or cistern water systems, and/or have large acreage are also prohibited. Unpermitted additions are not eligible. Unpermitted, converted garage space must be converted back to its original use.

"Flipping Rule"- USDA does not have a specific guideline regarding how long the subject property must be owned by the seller. It is the lender's responsibility to insure that the appraised value is based on the most current and accurate data available.

Links to Regulations

• RD Instruction 1980-D

• Administrative Notices - 1980-D

Direct Loan & Grant Programs

A variety of documents for Single Family Housing Direct Loan and Grant Programs are listed below for your convenience.

• Self-Help Housing Regulations

• Regulations - Handbook 3550

Single Family Housing Contacts

Bruce Jones, Acting Single Family/Guaranteed Housing Director
200 4th Street SW, Federal Bldg. Rm. 210
Huron, SD 57350
Phone: (605) 352-1132 | Fax: (855) 262-1940
bruce.jones@sd.udsa.gov

Ken Lynch, Guaranteed Rural Housing Specialist
200 4th Street SW, Federal Bldg. Rm. 210
Huron, SD 57350
Phone: (605) 352-1132 | Fax: (855) 262-1940
ken.lynch@sd.usda.gov

Cindy Sheridan, Single Family Housing Specialist
200 4th Street SW, Federal Bldg. Rm. 210
Huron, SD 57350
Phone: (605) 352-1132 | Fax: (855) 262-1940
cindy.sheridan@sd.usda.gov

Shannon Kleinsasser, Single Family Housing Specialist
200 4th Street SW, Federal Bldg. Rm. 210
Huron, SD 57350
Phone: (605) 352-1132 | Fax: (855) 262-1940
shannon.kleinsasser@sd.usda.gov

Additional Resources

• US Department of Housing & Urban Development

• SD Housing Development Authority