CDFI Information

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What can HAPI’s Community Development do for your Community?

  1. Provide construction funds for affordable housing at very competitive rates.
  2. Provide gap financing to cover the difference between appraisal and actual costs.
  3. Provide technical and hands-on assistance with building projects, from single houses to multi-home subdivisions.
  4. Assist in developing second-floor housing.
  5. Partner on a neighborhood revitalization project.
  6. Provide presenters and expert advice for community housing meetings.
  7. Provide connections to other resource providers and funding sources.
  8. Assist potential borrowers in identifying financing sources, including USDA/Rural Development Direct loans.
  9. Provide both Home Buyer and Renter Education courses at no cost.

 

Did You Know?

Affordable Housing in your community is possible!

Is your community struggling to develop Affordable Housing?

 Are you not sure where to start, how to do it, what’s involved, what does it cost?

 Do you have plans and ideas, but need funds to make it happen?

 Did you know that Homes Are Possible, Inc. (HAPI) not only has money to lend at very reasonable rates, but has 20 years of experience in the development of Affordable Housing?

 Did you know that as a Community Development Financing Institution (CDFI) HAPI is committed to the development of Affordable Housing in South Dakota, having built over 220 single family houses?

 As a part of its Community Development efforts, HAPI can provide in-depth technical support to deal with the details of Affordable Housing development.  Would you like to learn more?

 

Contact:     William Deng

Community Development Coordinator

320 S Main Street, Aberdeen SD

605-225-4274

william.deng@homesarepossible.org

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