Community Home Improvement Program Brochure
The community home improvement program is a program that makes it possible for low and moderate income South Dakotans to make repairs and renovations to their homes through the use of the Community Home Improvement Program (CHIP). These funds are available through participating lenders at a reduced financing rate with no equity required.
HOW DO I QUALIFY FOR A CHIP LOAN?
Applicant must own and occupy the home.
Household annual income is within the maximum family income limit by family size.
Applicants must meet income requirements and be credit worthy.
The CHIP loan is not dependent upon equity in the home.
