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Housing Opportunity Fund (HOF) is sponsored by South Dakota Housing Development Authority. The HOF promotes economic development in South Dakota by expanding the supply of decent, safe, sanitary, and affordable housing for low- and moderate-income families and individuals.
Funds can be used for new construction or the purchase and rehabilitation of rental or homeownership housing, housing preservation (including home repair grants and grants to make homes more accessible), homelessness prevention activities, and community land trusts.
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Housing Opportunity Fund — SD Housing SD Housing / Develop Housing / Available Development Programs / Housing Opportunity Fund The South Dakota Housing Opportunity Fund (HOF) is designed to promote economic development in South Dakota by expanding the supply of decent, safe, sanitary and affordable housing targeted to low and moderate income families and individuals in South Dakota.
The HOF was created via Senate Bill 235 the “Building South Dakota Fund” during the 2013 legislative session. As outlined in South Dakota Codified Law 11-13 , the HOF is being administered by South Dakota Housing and the SD Housing Board of Commissioners.
HOF funds may be used for new construction or the purchase and rehabilitation of rental or homeownership housing, housing preservation, including home repair grants and grants to make homes more accessible to individual with disabilities, homelessness prevention activities, and community land trusts.
Any for-profit entity, nonprofit entity, tribal government, housing authority, political subdivision of this state or agency of such subdivision, or agency of this state is eligible to apply for funding. Applications for rental housing and homeownership development projects will be accepted during an open application cycle from April 15th to August 31st.
Projects will be considered for funding on a first come, first serve basis as applications are deemed complete. Program applications will be accepted during the competitive application cycle and are due annually on the last working day of August at 5:00 p. m.
Central Time. Applications can be found below in the Resources Section of this page and can be submitted using our online Application Submission form . Completed applications (refer to Exhibit 1 of the Housing Opportunity Fund Plan Application for instructions) must be delivered to SDHDA via U.S. Postal Service, private mailing service, or submitted via SDHDA's on-line submission.
Applications via facsimile or e-mail will NOT be accepted.
Rural: $500,000 per developer Urban: $200,000 per developer Housing Opportunity Fund (HOF) Project Annual Reservation List Housing Opportunity Fund (HOF) Project Reservation Cumulative List Housing Opportunity Fund (HOF) Program Reservation Annual List Housing Opportunity Fund (HOF) Program Reservation Cumulative List Housing Opportunity Fund (HOF) Exhibit 4 Multifamily Applicants are requested to complete and submit the Self Scoring Worksheet with their Housing Opportunity Fund Application.
Housing Opportunity Fund (HOF) Exhibit 4 Single Family Housing Opportunity Fund (HOF) Program Application Housing Opportunity Fund (HOF) Exhibit 3 Self Scoring Worksheet for Programs Housing Opportunity Fund (HOF) Exhibit 5 Self Scoring Worksheet for Projects Applicants are requested to complete and submit the Self Scoring Worksheet with their Housing Opportunity Fund Application.
Housing Opportunity Fund (HOF) Desk Guide 2026-2027 Housing Opportunity Fund (HOF) Homeownership Development Application Housing Opportunity Fund (HOF) Supplemental Application Form Housing Opportunity Fund (HOF) Rental Application Form HOF Program Funds Recipients Neighborhood Lending Services/ NeighborWorks Dakota Home Resources Homes Are Possible Inc. - HAPI Habitat for Humanity - South Dakota Black Hills Area Habitat for Humanity Homes Are Possible Inc. - HAPI Inter-Lakes Community Action Partnership NeighborWorks Dakota Home Resources Northeast South Dakota Economic Corporation - NESDEC Northeast South Dakota Community Action Program - NESDCAP The Cornerstone Rescue Mission Inter-Lakes Community Action Partnership Pathways Shelter for the Homeless Call or email Bridgette Loesch, Housing Development Officer with your Housing Opportunity Fund (HOF) questions.
According to the current listing, eligibility includes: Any for-profit entity, nonprofit entity, tribal government, housing authority, political subdivision of this state or agency of such subdivision, or agency of the state is eligible. Confirm the full requirements in the official notice before applying.
The published deadline was August 31, 2026, which has passed. Check the official notice for any future application windows before investing time in a proposal.
Housing Opportunity Fund (HOF) is funded by South Dakota Housing Development Authority. Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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