Sioux Falls Launches Zero-Interest Loan Program for Historic Home Exterior Maintenance

Takeaways:

• Sioux Falls has launched a new Historic Preservation Loan Program offering zero-interest loans to homeowners in historic districts or homes listed on the National Register of Historic Places for exterior maintenance.

• Qualified homeowners in the All Saints, Cathedral, Hayes, McKennan Park, and Sherman districts can receive up to $25,000 for exterior work, excluding interior renovations.

• The program aims to promote safe, accessible housing and neighborhood revitalization, with a total of $100,000 available for the first year.

• The application process is phased, requires approval at each stage, and projects must be completed within a year of loan approval, with applications due by February 9.

• The city will host an informational meeting on January 22, and the program's continuation will be evaluated after this pilot year.

References:

[1] New program supports exterior home maintenance in historic neighborhoods. Link

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