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2015 South Dakota Codified Laws
Title 11 - PLANNING, ZONING AND HOUSING PROGRAMS
Chapter 13 - South Dakota Housing Opportunity Fund
§ 11-13-8 Applications for award--Competitive process.

SD Codified L § 11-13-8 (2015) What's This?

11-13-8. Applications for award--Competitive process.

Awards from the fund shall be made through a competitive process during the initial application cycle each year. 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 shall be encouraged to leverage the money for any project or program with other public and private dollars. If there are funds available after the initial application cycle, additional application rounds may be established. Any program income or loan payments shall be deposited into the fund.

Source: SL 2013, ch 7, ยง 20, eff. Mar. 20, 2013.

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