South Eastern Development Foundation | South Eastern Council of Governments
The South Eastern Development Foundation's Revolving Loan Fund has two components: the Housing Revolving Loan Fund and the Economic Development Revolving Loan Fund. The Housing Revolving Loan Fund provides construction financing to individuals, and for-profit and non-profit developers to construct a Governor's House. SEDF also partners with USDA Rural Development's on its 502 Home Loan Program. The purpose of this loan program is to provide financing at reasonable rates and terms with no down payment required, to low and very low income families that are unable to obtain conventional financing. This program is not available within the city limits of Sioux Falls. The Economic Development Revolving Loan Fund provides loans to individuals and businesses to start-up or expand a business. This program works in conjunction with local lending institutions.
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211 South Dakota
Physical Address
500 N. Western Avenue, Suite 100, Sioux Falls, SD 57104
Hours
8:00am - 5:00pm (CT), Monday - Thursday 8:00am - 12:00noon (CT), Friday
Voice
Voice
Website
Application process
Call for information
Eligibility
Housing: Individuals, for-profit and non-profit developers. Economic Development Loans: For-profit businesses.
Agency info
South Eastern Council of Governments
Planning and development district that serves Clay, Lincoln, McCook, Minnehaha, Turner, and Union Counties as well as the municipalities within those counties.