South Dakota Governor’s House Program Checklist
A step-by-step checklist for homebuyers applying for the South Dakota Governor’s House Program in 2025.
Verify Your Eligibility
- Ensure that your household income falls within the program’s limits, which vary based on county and household size.
- Verify that you meet the residency requirement, as the program is intended for South Dakota residents.
- Confirm that you intend to use the Governor’s House as your primary residence and meet the land ownership requirements.
- Determine if you qualify for additional program benefits, such as reduced-cost housing options for seniors, individuals with disabilities, or households with dependents.
Prepare Required Documentation
- Gather proof of income, including recent pay stubs, W-2 forms, or documentation for any additional sources of income.
- Provide copies of your tax returns from the past two years, including all necessary schedules.
- Obtain bank statements from the last two to three months for all financial accounts.
- Collect details about the land where the Governor’s House will be placed, including proof of ownership or an approved lease agreement.
- Prepare any additional documents requested by your Loan Officer, such as verification of assets, debts, or financial obligations.
Coordinate with Your Assigned Loan Officer
- A Loan Officer has been assigned to guide you through the South Dakota Governor’s House Program application process.
- Schedule an initial consultation with your Loan Officer to review eligibility requirements and understand the necessary steps to complete your application.
- Ask any questions regarding the program, required documentation, or application process to ensure clarity.
- Follow your Loan Officer’s guidance to collect and submit all required documentation in a timely manner.
Complete Your Application
- Work closely with your Loan Officer to finalize your application for the South Dakota Governor’s House Program.
- Submit all required documentation to verify eligibility for participation in the program.
- Review your application with your Loan Officer to ensure accuracy and completeness before submission.
- Complete any required homebuyer education or counseling programs specified by the program.
Finalize Your Enrollment
- Sign all necessary documents provided by your Loan Officer to complete your participation in the program.
- Confirm the timeline for home delivery and installation if approved for the Governor’s House Program.
- Prepare for any additional costs associated with land preparation, foundation work, and utility connections.
- Receive confirmation of your enrollment and details on how the program benefits will be applied to your home purchase.
Maintain Program Compliance
- Ensure that your purchased home remains your primary residence for the duration required by the program.
- Notify your Loan Officer if you plan to sell, relocate, or make structural modifications to the home, as these actions may impact your program eligibility.
- Stay informed about any updates or changes to program requirements to maintain compliance and retain your benefits.