Program areas at Rapid City Community Development
The organization handled 0 new loans. They also had forgivable loans and various lot purchases to be used for Development or to be sold. They have ceased all operations and transitioned all duties and assets to neighborworks, another charitable organization.
The organization provides non-interest bearing loans using
Community Development block grant funds and neighborhood
Stabalization program (nsp) to qualified low to moderate
Income residential home buyers for down payment/closing
Cost assistance. Non-interest bearing loans are also
Provided for acquisition rehabilitation and land
Acquisition for single family housing new construction,
Which will be sold to qualifying low to moderate income
Households. The organization places a lien against the
The properties (2nd mortgage).