Pennington County, SD
Affordable-housing capital events and public funding posture, from federal filings. 7 properties here have a capital event — a LIHTC year-15, an affordability expiration, a HAP contract expiration, or a published debt maturity — within 24 months.
Open Pennington County in the app → property-level detail, contacts, filters, charts
Gap funding
| Grantee | FY26 allocations | Live posture |
|---|---|---|
| State Of South Dakota (state) | CDBG $5.7M · HOME $3M | HOME undrawn $8M CDBG undrawn $16.8M |
Allocations are FY2026 HUD formula amounts (annual scale, not balances). "Undrawn" = obligated-not-yet-drawn on FY2020+ formula grants (USASpending, monthly), which may be committed to projects. Timeliness is a proxy for HUD's 24 CFR 570.902 standard (1.5× line); program income is not visible in public data.
Recently completed subsidized projects
| Project | Amount | Program | Grantee | Completed |
|---|---|---|---|---|
| Springs Edge | $1M | HOME | South Dakota | 2025-12-09 |
| Heartland Heights Apartments Ii | $1.1M | HOME | South Dakota | 2024-04-23 |
| The Radiant | $1M | HOME | South Dakota | 2024-02-02 |
| Heartland Heights Apartments | $1M | HOME | South Dakota | 2024-01-29 |
| Whisper Rock Ii Apartments | $950,000 | HOME | South Dakota | 2021-07-13 |
| Sage View Glen Apartments | $590,000 | HOME | South Dakota | 2020-08-19 |
| Northern Lights Apartments | $862,766 | HOME | South Dakota | 2018-02-02 |
| Rapid City Good Samaritan Housing | $666,187 | HOME | South Dakota | 2017-05-26 |
| Whisper Rock Apartments | $685,000 | HOME | South Dakota | 2017-03-27 |
| Eagle Ridge Apartments Phase Ii | $800,000 | HOME | South Dakota | 2012-10-05 |
| Eagle Ridge Ii | $1.3M | HOME | South Dakota Housing Development Authority | 2012-04-09 |
| Knollwood Heights Apartments | $562,430 | HOME | South Dakota | 2009-04-30 |
| Cornerstone Apts | $242,474 | HOME | South Dakota | 2009-02-26 |
| Pine Crest Village | $1.1M | HOME | South Dakota | 2007-07-12 |
| Churchill Apts & Townhomes | $1.2M | HOME | South Dakota | 2004-01-26 |
Recently subsidized developers (statewide)
| Recipient | Total (24 mo) | Subawards |
|---|---|---|
| Ashbrook Trail Apartments Limited Partnership | $1M | 1 |
| Inter-Lakes Community Action Partnership | $616,906 | 2 |
| Black Hills Works Inc | $299,829 | 1 |
| Affordable Housing Solutions | $199,000 | 1 |
| Independent Living Choices | $120,000 | 2 |
| Dolan Holdings Llc | $64,232 | 1 |
| Volunteers Of America Northern Rockies | $39,000 | 1 |
| Behavior Management Systems | $39,000 | 1 |
Pipeline snapshot
7 properties with a live capital event within 24 months. Property-level detail — names, owners, contacts, trigger dates, subsidy stacks — is in the interactive application.
Sources: HUD LIHTC database · HUD Multifamily Assistance & Section 8 · FHA/USDA loan files · FY26 CPD formula allocations · USASpending (DATA Act) · OCC Part 24 filings · FFIEC CRA · IDIS activity extracts. See the glossary for definitions and caveats.