The primary purpose of the HOME Program is to expand the supply of decent, safe, sanitary, and affordable housing for very low-income and low-income households as determined per the Income Limits. U.S. Department of Housing and Urban Development provides annual funding to participating jurisdictions (SDHDA) to develop their own programs in partnership with local governments, nonprofit organizations, and the private sector. The HOME Program provides funds to developers and/or owners for acquisition, new construction, and rehabilitation of affordable housing. The typical financing package would consist of 10% owner equity, 40% conventional loan and 50% HOME funds. The HOME funds are loaned at a 0% interest rate with variable repayment terms.
Applications are due annually on the last working day of August at 5:00 p.m. Central Time. Completed applications must be delivered (via U.S. Postal Service, private mailing service, hand delivery, or submitted via SDHDA's on-line submission) to SDHDA by 5:00 p.m. Central Time on the applicable due date. Applications via facsimile or e-mail will NOT be accepted.
$5 million available
$1 million per project
$1.25 million per developer
$2.5 million per community
- Applicants are no longer allowed to submit utility allowance calculations from the local Public Housing Authority. Applicants may document utility calculations from service providers, use the HUD Utility Schedule Model, or they may utilize the SDHDA Utility Allowance Worksheet to request the utility calculation from SDHDA. Please allow ten working days for the calculation of utilities from SDHDA. Request for utility allowance calculations must be received by August 14, 2020. For more information regarding the worksheet or utility calculation, please contact Andy Fuhrman at email@example.com or by calling (605) 773-3181.
HOME Single Family Application
HOME Tenant Questionnaire
HOME Homebuyer Feasibility Analysis Tool
CHDO Application - CHDO Attachment A
What is a CHDO?
HOME Program 2020 Reservation ListHOME Program Cumulative List
*You will need Adobe Acrobat to fill out the application form. In order to save the application form, you will need to have Adobe Acrobat Professional 7.0
A portion of the HOME funds are set-aside for specialized housing opportunities as detailed under Set-Asides.
Lead Based Paint
For housing built before 1978, lead based paint could be a potential health risk. Lead is a highly toxic metal that may cause a range of health problems, especially in young children. When lead is absorbed into the body, it can cause damage to the brain and other vital organs, like the kidneys, nerves and blood. Lead may also cause behavioral problems, learning disabilities, seizures and in extreme cases, death. Some symptoms of lead poisoning may include headaches, stomachaches, nausea, tiredness and irritability. Children who are lead poisoned may show no symptoms. All HOME funded projects are required to document compliance with federal lead based paint requirements. For more information on Lead Based Paint requirements please view HUD’s Healthy Homes website.
To learn more about the HOME Program, please visit the HUD Exchange.
Call or e-mail DeNeil Taylor, Housing Development Officer, with your HOME program questions.
Phone: (605) 773-4247