S.D. Admin. R. 74:05:08:12

Current through Register Vol. 51, page 67, December 16, 2024

Section 74:05:08:12 - Financial assistance approval criteria

The board may award less financial assistance than the amount requested in the application or may deny assistance. If the applicant is eligible for assistance from more than one program, the board may approve financial assistance under any of the programs or under a combination of more than one program, including the consolidated water facilities construction fund program under chapter 74:05:07 or the solid waste management program under chapter 74:05:10. If financial assistance is approved from more than one program, the amount of assistance approved may not exceed the aggregate amount of funding requested. In determining the amount of financial assistance, the board may consider the following:

(1) The availability of funds in the SRF program;

(2) The applicant's need;

(3) Violation of health or safety standards; and

(4) The applicant's ability to repay.

S.D. Admin. R. 74:05:08:12

15 SDR 20, effective 8/7/1988; 19 SDR 102, effective 1/17/1993; 21 SDR 97, effective 11/28/1994; 22 SDR 95, effective 1/17/1996; 36 SDR 208, effective 6/28/2010; 40 SDR 14, effective 7/29/2013.

General Authority: SDCL 46A-1-60.3.

Law Implemented: SDCL 46A-1-60.1 to 46A-1-60.3.