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Affordable Housing Solutions Neighborhood Revitalization Homeownership

Administered by:

Affordable Housing Solutions, Inc. (AHS)
· Nonprofit · Forgivable Loan

Funding status: Active

How much assistance

Newly constructed single-family home sold to income-eligible buyers at an affordable price (down payment assistance may be available)

When DPA is layered with the home purchase, it is structured as a forgivable second mortgage tied to owner-occupancy. Verify current terms with AHS.

Eligibility

  • Income limits:
    Generally serves households at or below 80% Area Median Income. Verify with AHS.
  • First-time buyer required: Yes
    Must be a first-time buyer and complete a homebuyer education class.
  • Geographic restrictions:
    Homes are located within the City of Sioux Falls core areas designated by the Neighborhood Revitalization Program.
  • Homebuyer education required: Yes

How to Apply for Affordable Housing Solutions Neighborhood Revitalization Homeownership

Step 1: Contact Affordable Housing Solutions through Sioux Falls Housing at (605) 332-0704 or visit a-h-s.org. Complete the homebuyer education requirement and submit an application. Eligible households are matched to available homes as they are completed.

Notes

AHS is a HUD-designated CHDO and an instrumentality of the Sioux Falls Housing and Redevelopment Commission. Inventory depends on completed builds.

Cities Where This Program Is Available