CDFI Funding

The Community Development Financial Institutions Fund (CDFI Fund) plays an important role in generation economic growth and opportunity in some of our nation's most distressed communities.  By offering tailored resources and innovative programs that invest federal dollars alongside private sector capital, the CDFI Fund serves mission-driven financial institutions that take a market-based approach to supporting economically disadvantaged communities.

HAPI offers programs to assist developers in quest of developing more affordable housing options South Dakotans.  From funding sources, working with lending partners, we are here to help.

WANT TO ENHANCE YOUR ORGANIZATION'S CAPACITY TO HELP YOUR COMMUNITY?

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TWIN HOME PROJECT

Herreid Area Housing Development has completed many projects with the help of our CDFI loan fund.  Here is a Twin Home that made its addition to the Herreid in 2021.  This was made possible by the SDHDA and their Housing Opportunity Fund and also HAPI CDFI Loan Fund.

Homes Are Possible, Inc., is a private, independent non-profit Community Development Financial Institution (CDFI) committed to empowering individuals, stabilizing families, and revitalizing neighborhoods through a variety of economic and social initiatives. Our mission is to facilitate very low, low and moderate income persons and families in securing and/or refurbishing quality, affordable housing.

Our Core Principles:

• We believe everyone should have an equal opportunity for a quality home
• If people have a chance for ownership they will perform and succeed
• As individuals are helped, neighborhoods will be revitalized
• Education about home ownership is the key to success and quality of neighborhoods is the job of the community

We are proud of the work we do and are fortunate to work with so many community partners throughout northeast South Dakota that are making a difference in their communities. Our goal moving forward is to eliminate financial barriers by helping individuals and communities in our area obtain an affordable quality home.

In accordance with federal laws and U.S. Department of the Treasury policy,

this organization is prohibited from discriminating on the basis of race,

color, national origin, sex, age, or disability. To file a complaint of

discrimination, write to: U.S. Department of the Treasury, Director, Office

of Civil Rights and Equal Employment Opportunity 1500 Pennsylvania Avenue,

N.W., Washington, DC 20220; call (202) 622-1160; or send an e-mail to:

crcomplaints@treasury.gov.