11-13-8. Applications for award.
Awards from the fund shall be made through an application process. Each application shall be evaluated and scored based on criteria created by the administering agency and the oversight commission. Each applicant that is awarded money from the fund is encouraged to leverage the money for any project or program with other public and private dollars. Any program income or loan payments received shall be deposited into the account held by the South Dakota Housing Authority.
Source: SL 2013, ch 7, §20, eff. Mar. 20, 2013; SL 2016, ch 4, §3; SL 2018, ch 10, §13.
Structure South Dakota Codified Laws
Title 11 - Planning, Zoning and Housing Programs
Chapter 13 - South Dakota Housing Opportunity Fund
Section 11-13-1 - Definitions.
Section 11-13-2 - South Dakota housing opportunity fund created.
Section 11-13-3 - Duties of administrative agency.
Section 11-13-4 - Eligibility for funding.
Section 11-13-5 - Eligible fund activities.
Section 11-13-6 - Geographic distribution guideline.
Section 11-13-7 - Income targeting guideline.