Housing

SD Governor's Housing Program

GOVERNOR HOUSE PROGRAM

FEATURES

  • 2" X 6" exterior wall construction with R-19 insulation
  • Vinyl lap siding
  • Vinyl windows with insulated glass
  • Oak kitchen & bath cabinets and oak finished trim and doors
  • Choice of electric forced air or gas forced air furnace
  • Electric hot water heater
  • 1/2" sheet rock on all interior walls; 5/8" sheet rock on ceilings
  • All walls are taped, textured and painted
  • Standard floor plan

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QUALIFICATIONS

  1. Household income cannot exceed $36,240 for couples or individuals and $42,280 for families of three or more.
  2. For families and individuals under the age of 62, net worth must be less than $90,000 and less than $70,000 in liquid assets, unless approved by the application review committee.
  3. For families and individuals over the age of 62, net worth must be less than $175,000 and less than $100,000 in liquid assets*.
  4. The house must be used as the home buyer's primary residence.
  5. The house may be placed only in South Dakota.
  6. The house must be purchased with the home buyer's own resources, which may include a mortgage loan but which cannot include a government grant.

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HOUSE PRICE:
(Includes Delivery and Placement) 1,008 square foot house for $35,500, plus excise and sales tax.

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HOME BUYER'S RESPONSIBILITIES:
(SDHDA will provide technical assistance for setup of home.)

  • Provide the lot
  • Purchase the building permit
  • Provide the foundation
  • Utility hookups and fees
  • Floor coverings and appliances

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APPLICATION INFORMATION

Download the application materials from the link below.

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CONTACT INFORMATION

If you live in the District III service area and would like more information about the Governor’s House program, contact Fred. Otherwise, contact South Dakota Housing Development Authority in Pierre.