Featured Profile: Cheyenne River Indian Reservation
Provider: Oti Kaga, Inc.
Location: Eagle Butte, South Dakota
Property Type: Family Housing
Description: Oti Kaga, Inc. was formed to serve the Cheyenne River Indian Reservation in Eagle Butte, South Dakota. The Cheyenne River Sioux Reservation is home to over 8,000 tribal members and is located in Ziebach County, one of the poorest counties in the country. Area median income is estimated at $18,000 with a 50 percent poverty rate and 25 percent unemployment.
Oti Kaga has received five loans from Mercy Loan Fund for a total of $939,000 to support the construction of 36 single family detached homes and three apartment homes with 51 units of multifamily rental housing, all on or adjacent to Cheyenne River Sioux tribal land. Oti Kaga’s programs include single-family lease and purchase, multifamily rental housing development, down payment and closing cost assistance and homebuyer counseling.