Finance
The South Dakota Housing Development Authority (SDHDA) FirstHome program is designed primarily for:
AInvestors purchasing rental properties
BFirst-time homebuyers meeting income and purchase price limits✓ Correct
CAny homebuyer regardless of income
DCommercial property developers
Explanation
The SDHDA FirstHome program provides below-market mortgage interest rates to first-time homebuyers (those who have not owned a home in the past 3 years) who meet income and purchase price limits set by the authority.
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