Public Safety Down Payment Assistance Program

Rolling

City of Sioux Falls – HousingSDFirst-Time Homeowner

Deferred loanScope: Citystate

Updated: Dec 1, 2025

Summary

Sioux Falls’ Public Safety Down Payment Assistance Program provides up to $20,000 (or 20% of the purchase price) in forgivable down payment assistance to help police officers, firefighters, and other public safety employees buy homes in targeted city neighborhoods.

Benefits

Down payment assistance

Who Can Apply

Individual

Eligible Locations

Single-family homes in City of Sioux Falls, South Dakota under Dakota At Home Subsidized Home Acquisition program.

Eligibility

Full-time, certified public safety officers (police, fire, and other eligible roles) employed for at least one year, purchasing an owner-occupied home within designated Sioux Falls neighborhoods and meeting program property and timeline requirements

Full Description

This City of Sioux Falls program is designed to promote neighborhood stability and safety by helping eligible public safety employees become homeowners within specific Sioux Falls neighborhoods. Qualified buyers can receive up to $20,000 or 20% of the purchase price as a 0% interest, forgivable loan that can be used for down payment, closing costs, and certain prepaid items such as mortgage insurance reserves and property tax escrows. Participants must be full-time, certified public safety officers, occupy the home as their primary residence, meet purchase price limits and other property criteria, and follow strict timelines for application, purchase agreement submission, and closing. The assistance is forgiven after five years of continuous owner-occupancy; otherwise, it must be repaid according to the program’s recapture provisions.

Verification & Details

Complexity: Moderate

Confidence: 70%

Source: neighborlysoftware.com

Based on listing under Subsidized Home Acquisition on DakotaAtHome portal; exact assistance amount and terms require contact with program.

Official source → neighborlysoftware.com

Apply on official siteUpdated Dec 1, 2025

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