South Dakota is offering qualifying buyers a boost toward homeownership, with assistance that can disappear from their debt after five years. But the program is not an unconditional gift, and the headline needs one distinction: the assistance equals 5% of the first mortgage amount, not 5% of the home’s purchase price. Gov. Larry Rhoden and South Dakota Housing announced Give Me Five on October 13. The program opens November 2, 2026, for eligible buyers purchasing a primary residence in the…
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South Dakota Will Help Fund Your Down Payment. Stay Five Years, and the Loan Could Disappear.
South Dakota is offering qualifying buyers a boost toward homeownership, with assistance that can disappear from their debt after five years.

