17 chapters · 616 sections in this title.
SDCL § 11-13-1 Definitions
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Terms used in this chapter mean: (1) "Administering agency," the South Dakota Housing Development Authority shall act as the administrative agency for the South Dakota housing opportunity fund; (2) "Affordable housing," housing is affordable if the total housing costs, which incl…
SDCL § 11-13-2 South Dakota housing opportunity fund created
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There is hereby created the South Dakota housing opportunity fund to be administered by the South Dakota Housing Development Authority for the purpose of preserving and expanding sustainable, affordable, and safe housing that is targeted to low and moderate income families and in…
SDCL § 11-13-3 Duties of administrative agency
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The administrative agency shall: (1) Develop program guidelines; (2) Market the fund to eligible applicants; (3) Receive, review, and evaluate proposals; (4) Submit funding proposal recommendations to the oversight commission; (5) Administer annual monitoring and reporting on the…
SDCL § 11-13-4 Eligibility for funding
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Any for-profit entity, nonprofit entity, tribal government, housing authority, a political subdivision of this state or its agencies, or any agency of this state is eligible to apply for funding from the fund. No individual may apply for funding directly from the fund. Source: SL…