Sioux Falls gets $300K for affordable housing program - KSFY News - Sioux Falls, SD News, Weather, Sports

Sioux Falls gets $300K for affordable housing program

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 Sioux Falls gets quite a gift today.....$300 thousand...in an effort to create more affordable and safer housing in the city.

 The $300 thousand Sioux Falls is getting is part of a larger commitment of nearly $2 million to improve the affordable housing situation statewide.

 We asked Sioux Falls Mayor Mike Huether how this money will change the housing situation in Sioux Falls.

 City leaders and members of the community give a round of applause for a grant which will help some Sioux Falls homeowners make their homes safer.
 
 Senator Tim Johnson graciously accepts a $2 million check.

 Nearly $300 thousand of that will help Sioux Falls families stay in their homes.
 
 Costly home repairs may be out of reach for some. 

 Mayor Huether says any money the city can put towards housing is a great investment. "It's good news for Sioux Falls and great news for South Dakota. Affordable housing is such a beast. It's so important. Whether you're Sioux Falls, whether you're Pine Ridge or Rapid City or Yankton."

 Director of Community Development Darrin Smith tells us, "These dollars are here to assist current homeowners to make critically needed repairs for safety and health issues and to stay in their homes longer and safer."

 Senator Johnson believes the grant will help stabilize our neighborhoods -- our schools -- and our city.

 Despite the name -- the private grants are part of a larger affordable housing program through the Federal Home Loan Bank of Des Moines.

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