GRANTRADAR/Grant Programs/Housing Opportunity Fund
South Dakota StateDirect GrantStackable

Housing Opportunity Fund

Administered by South Dakota Housing Development Authority · South Dakota

BENEFIT
Up to $500K
Deadline type: annual

Eligibility Requirements

  • 1For low and moderate income housing development
  • 2New construction or purchase and rehabilitation eligible
  • 3For-profit, nonprofit, tribal government, housing authorities eligible
  • 4Rural developments capped at $500k, urban at $200k per developer

Eligible Project Types

Affordable HousingMultifamilyResidential
STACKING POTENTIAL

Housing Opportunity Fund is stackable — it can be combined with other federal, state, and local programs on the same project. Michigan and Ohio projects commonly stack this program with Federal Historic Tax Credit, New Markets Tax Credit, and Opportunity Zone deferral to maximize total incentive value. Use GrantRadar to see your full stack.

AFTER YOU WIN
View the Housing Opportunity Fund compliance checklist →

Reporting deadlines, vendor rules, and the disallowed-cost pitfalls that trigger clawbacks.

Source: South Dakota Housing Development Authority official program page ↗ · Last verified 2026-06-23
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STACKABLE WITH
Michigan Community Revitalization Program
Up to $10M · Direct Grant
Michigan Historic Preservation Tax Credit
25% credit · Tax Credit
Michigan Brownfield TIF
Negotiated / contact agency · Tax Increment Financing
Michigan Business Development Program
Up to $10M · Direct Grant
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