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Oglala Sioux Tribe Launches Household Economic Assistance Program

Oglala Sioux Tribe Launches Household Economic Assistance Program
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How lenders will spend federal windfall on low-income communities

How lenders will spend federal windfall on low-income communities
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

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Major investment in Indigenous 'agents of change'

Major investment in Indigenous 'agents of change'
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South Dakota home sales made competitive by interest rates, inventory

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Historically low interest rates, a rush of out-of-state homebuyers, limited inventory and higher construction prices for new homes have made for a frenzied housing market that has put homeownership further out of reach for some South Dakota residents.
The highly competitive housing market is leading to a range of outcomes often seen in coastal states but rarely in South Dakota.
First-time homebuyers or those looking for properties at an affordable price have found themselves in bidding wars with others willing to pay $20,000 to $60,000 above list price. Offer prices are being driven up by high demand from out-of-state residents moving to South Dakota for work, the lifestyle or because they approve of how the state operated during the pandemic. Everyone is competing for a smaller pool of homes on the market, and some South Dakota homes are selling in less than two days. ....

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