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17 chapters · 616 sections in this title.
SDCL § 11-15-1 Definitions
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Terms used in this chapter mean: (1) "Authority," the South Dakota Housing Development Authority; (2) "Housing infrastructure," the installation, replacement, upgrade, or improvement of public infrastructure for the support of a single-family or multi-family housing project; and …
SDCL § 11-15-10 Major metropolitan airport loan--Terms
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A loan made pursuant to § 11-15-9 must: (1) Bear interest payable at the rate of two percent per year; (2) Be unsecured; (3) Require equal annual payments based on a twenty-year amortization; (4) Require that the first payment be due one year from the date of the funding of the l…
SDCL § 11-15-11 Major metropolitan airport loan--Provisions applicable
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A loan made pursuant to § 11-15-9 to a municipality is exempt from the provisions of chapters 6-8B and 9-25 , but the loan is subject to the constitutional limitations of municipal indebtedness. A loan made pursuant to § 11-15-9 to a regional airport authority, created pursuant t…
SDCL § 11-15-2 Creation--Purpose--Continuous appropriation--Payment
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There is hereby created the South Dakota housing infrastructure fund, to be administered by the authority, for the purpose of making loans and grants for housing infrastructure projects. Any repayment of the principal amount of a loan, and any interest thereon must be deposited i…
