Rental Rehabilitation Program Expanding to Additional Neighborhoods
Sioux Falls Community Development announces today, Monday, October 16, 2017, that its Rental Rehabilitation Program will be expanded to additional neighborhoods. The previous area included eight core neighborhoods in Sioux Falls. The new expanded eligible area will include all neighborhoods east of I-29, south of I-90, and north and west of I-229.
Eligible repairs include both exterior and interior rehabilitation, excluding appliances. Assistance to property owners is in the form of a loan with 3 percent interest, amortized over five years. The first six months of the loan are interest-free and no payments are required. The maximum loan amount is $25,000.
The deadline for the fall round of applications is Friday, December 15, 2017. Visit www.siouxfalls.org/rental-rehab for an application and additional information. Contact Matt Cerny, Community Development Program Specialist, at 367-8176 for more information.