S.D. Admin. R. 20:09:24:01

Current through Register Vol. 51, page 67, December 16, 2024
Section 20:09:24:01 - Description of program

The rural site development program stimulates the development of new affordable housing subdivisions within rural communities in South Dakota which demonstrate a need for such development. The authority requires local lender involvement in all loans or other authority financing provided for any project under this program. Development locations must be located outside of cities whose population exceeds 50,000.

S.D. Admin. R. 20:09:24:01

22 SDR 64, effective 11/12/1995.

General Authority: SDCL 11-11-30, 11-11-128, 11-11-141, 11-11-143, 11-11-165, 11-11-180.

Law Implemented: SDCL 11-11-99, 11-11-110, 11-11-118.