The City runoff election for the office of At-Large Council Member will be held on Tuesday, April 30, 2024, from 7 a.m. to 7 p.m.
The Single-Family Rehabilitation Program provides financial assistance to low- and moderate-income homeowners to maintain their properties in a decent, safe, and sanitary condition. This program is designed to help homeowners in Sioux Falls remain financially stable. There are great benefits to owning property in South Dakota and we want to make sure our residents have all the help they can get. Read here to learn more and see if you qualify for the program.
The loan amount is based on housing rehabilitation needs, income, assessed value of the property, and equity.
Assistance is provided as a deferred payment loan due upon sale or discontinuance of occupancy. The deferred loan is without interest.
A signed mortgage will be recorded against the property until satisfied.
Property owners who request financial assistance for rehabilitation work will be provided with technical assistance as needed.
Applicants must allow a complete inspection of the property by a Housing specialist PRIOR to any work being started. A work write-up containing the description of the repairs to be financed by the program will be prepared by a Housing Specialist before the project can proceed. It will be the responsibility of the homeowner to solicit bids from area contractors. After soliciting bids, the homeowner will select the contractor for the project and sign a mortgage with City of Sioux Falls to secure funding. City of Sioux Falls Housing Division will provide a loan in the amount of the lowest bid. No changes to the project will be made after the mortgage has been signed.
It should be noted that until you sign the contract and mortgage, you are under no legal obligation.
APPLY ONLINE NOW!
Housing General Line 605-367-8180