S.D. Codified Laws § 11-15-5

Current through the 2024 Legislative Session
Section 11-15-5 - Housing infrastructure grants-Limitation-Administrative expenses

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 percent of the amount of a grant to offset the authority's expenses in administering the grant.

SDCL 11-15-5

SL 2023, ch 41, §12, eff. Feb. 1, 2023.
Added by S.L. 2023, ch. 41,s. 12, eff. 2/1/2023.