South Dakota Statutes
§ 11-11-151 — Terms and form of loans or other financing--Investment in multifamily residential housing projects and day-care facilities.
South Dakota·Title 11 PLANNING, ZONING AND HOUSING PROGRAMS·Ch. 11-8 SOUTH DAKOTA HOUSING DEVELOPMENT AUTHORITY
Each mortgage loan made or other financing provided by the authority shall contain such terms and provisions and be in such form as approved by the authority. With respect to multifamily residential housing projects and day-care facilities, the authority may also assist the development of such housing projects and day-care facilities by investing as a limited partner or shareholder in the housing sponsor upon such terms and conditions as the authority determines.
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South Dakota § 11-11-151 (Terms and form of loans or other financing--Investment in multifamily residential housing projects and day-care facilities.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1973, ch 180, § 19 (6); SDCL Supp, § 28-19-129; SL 1995, ch 80, § 21; SL 2012, ch 78, § 96.
Nearby Sections
15
§ 11-1-15
Repealed§ 11-11-1
Legislative findings.