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South Dakota News

News stories from the past 60 days.

USDA Announces $309 Million Investment in Rural Electric Utilities
Jun 7, 2018 - The U.S. Department of Agriculture (USDA) is investing $309 million in 16 projects that will build or improve on electric line serving rural homes, farms, and businesses in 12 states. These loans are being made through the USDA's Electric Infrastructure Loan and Loan Guarantee program.
Source: U.S. Department of Agriculture
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USDA Announces Pilot Program to Increase Homeownership Opportunities on Native Lands
May 31, 2018 - The U.S. Department of Agriculture (USDA) has launched a pilot program partnering with two Native Community Development Financial Institutions (NCDFIs) to increase home ownership opportunities on Tribal lands. These NCDFIs will re-lend $800,000 each, provided through the Single Family Housing Direct Loan program, to eligible home buyers for mortgages on North and South Dakota tribal trust lands.
Source: U.S. Department of Agriculture
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Last Updated: 6/8/2018