Politics· States Newsroom

New program provides 5% down payment for qualifying South Dakota homebuyers

States Newsroom · October 13, 2026

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The South Dakota Housing Development Authority is starting a temporary program to give down-payment assistance to homebuyers. The authority will launch its Give Me Five program on Nov. 2, lending qualifying homebuyers a down payment equal to 5% of their mortgage. Recipients are not required to make payments on the…

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