Title 11 — PLANNING, ZONING AND HOUSING PROGRAMS
17 chapters · 652 sections in this title.
SDCL § 11-15-1 Definitions
0.9K chars
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
0.4K chars
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
0.4K chars
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
0.5K chars
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…
SDCL § 11-15-3 Distribution of monies--Limitation
0.6K chars
The authority shall distribute monies from the South Dakota housing infrastructure fund, created in § 11-15-2 , as follows: (1) Thirty percent for housing infrastructure in municipalities having a population of fifty thousand or more; and (2) Seventy percent for housing infrastru…
SDCL § 11-15-4 Housing infrastructure loans--Limitation--Administrative expenses
0.5K chars
The authority may make loans from the South Dakota housing infrastructure fund, created in § 11-15-2 , for housing infrastructure projects. The principal amount of a loan may not exceed one-third of the total cost of the housing infrastructure project. The authority may use up to…
SDCL § 11-15-5 Housing infrastructure grants--Limitation--Administrative expenses
0.4K chars
The authority may award grants from the South Dakota housing infrastructure fund, created in § 11-15-2 , for housing infrastructure projects. The amount of the grant may not exceed one-third of the total cost of the housing infrastructure project. The authority may use up to one …
SDCL § 11-15-6 Promulgation of rules
0.3K chars
The authority shall promulgate rules, pursuant to chapter 1-26 , specifying the criteria and process for the application, approval, and disbursement of: (1) Loans and grants provided in accordance with §§ 11-15-1 to 11-15-5 , inclusive, and § 11-15-7 ; (2) Loans provided in accor…
SDCL § 11-15-7 Reporting
0.4K chars
On or before August first of each year, the authority shall submit a report to the special committee, created by § 4-8A-2 , detailing the number, amounts, and recipients of loans and grants provided by the South Dakota housing infrastructure fund created in § 11-15-2 and other re…
SDCL § 11-15-8 School district adjoining federal military installation--Loan--Constructing or expanding school--Terms--Approval--Exemptions
0.3K chars
In addition to any other loan or grant authorized in § 11-15-2 , the authority may make a loan from the South Dakota housing infrastructure fund, as created in § 11-15-2 , to a school district adjoining a federal military installation for the purpose of constructing or expanding …
SDCL § 11-15-9 Major metropolitan airport loan--Purpose--Maximum amount--Public hearing--Repayment
0.7K chars
In addition to any other loan authorized in § 11-15-2 , the authority may provide loans from the South Dakota housing infrastructure fund, created in § 11-15-2 , to the owner or operator of an airport with scheduled air service located in this state and in a metropolitan statisti…