LIHTC in South Dakota: 2026 allocations, QAP and data

Agency and qualified allocation plan

Agency and QAP links checked 2026-10-30.

2026 credit ceiling and bond cap

Sources: IRS Rev. Proc. 2025-32 secs. 4.08 and 4.19 (the 9% amounts already include the 12% increase from Pub. L. 119-21 sec. 70422); IRS Notice 2026-22 (2026-15 I.R.B.). Computed by us and rounded to the dollar; agencies may round differently.

South Dakota is one of 13 jurisdictions (8 states, DC and the four insular areas) that receive the same $3,953,600 minimum, so its credits per resident ($4.23) are above the $3.416 national rate. See every state side by side on the 2026 ceilings and bond caps table.

Basis boost areas: 2027 QCTs and DDAs

HUD's 2027 lists, which apply from January 1, 2027, put 38 South Dakota census tracts in qualified census tracts, spread across 21 counties. No nonmetropolitan county is a 2027 DDA. No ZIP code area is a 2027 Small Area DDA. A building in either can take 130% of eligible basis. Check an address with the QCT and DDA lookup.

Every South Dakota qualified census tract, with its population, poverty rate and median income, is on the South Dakota QCT list by county.

Source: HUD 2027 QCT and DDA designations, FR Doc. 2026-20390 (91 FR 63573, Oct. 6, 2026).

Tax credit properties in South Dakota

HUD's database lists 184 South Dakota properties financed with housing tax credits that the allocating agency still monitors, with 7,019 income-restricted units. The largest city totals are below; see all cities on the South Dakota apartments page.

For buyers and lenders: the South Dakota Year 15 and Year 30 list shows which of these properties reach the end of the compliance period or the 30-year extended use minimum from 2022 to 2034, by county.

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024). City pages cover cities with at least five properties; county links go to that county's 2026 income and rent limits.

Financing a LIHTC deal in South Dakota

A 9% deal in South Dakota competes for SDHDA's 2026 ceiling of $3,953,600 (population amount) under the 2026-2027 Qualified Allocation Plan (Housing Tax Credit). A 4% deal needs an award from the state's $397,625,000 private activity bond cap: tax-exempt bonds must finance 50% of the aggregate basis of the building and land, or at least 25% if one or more of those bonds, from an issue dated after December 31, 2025, together finance at least 5% of that basis (the 25% bond test, for buildings placed in service in taxable years beginning after December 31, 2025). Sites in South Dakota's 38 qualified census tracts for 2027 can take the 130% basis boost.

On HUD's records for the 156 South Dakota properties on this site's city pages, 1% of those reporting the field were financed with tax-exempt bonds and 97% took 9% (70% present value) credits; 42 received allocations in 2015 or later.

Sources: IRS Rev. Proc. 2025-32; HUD 2027 QCT list; HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024), bond and credit-type fields. What to read in a QAP: state LIHTC programs. Sizing a South Dakota deal: get a financing quote.

State housing tax credit

No state LIHTC found. South Dakota has no state income tax and SDHDA lists no state housing tax credit program.

More South Dakota data

• South Dakota 2026 income and rent limitsby county
• South Dakota tax credit apartmentsby city
• South Dakota QCTs and DDAs2027 lists by county
• Year 15 and Year 30 propertiesby county
• QCT and DDA lookupby address
• Monthly credit ratesIRS
• LIHTC in South Carolinaprevious
• LIHTC in Tennesseenext
• All statescompare