South Dakota Administrative Rules
Title 20 - PUBLIC SAFETY
Article 20:09 - HOUSING DEVELOPMENT AUTHORITY
Chapter 20:09:01 - Definitions
Section 20:09:01:03 - Other authority financing defined
Universal Citation: SD Admin Rules 20:09:01:03
Current through Register Vol. 50, page 114, March 25, 2024
Other authority financing is any loan or financial assistance from the authority, other than an authority mortgage loan, to another entity. Other authority financing includes grants, loan guarantees, subordinated loans, loans whether secured or unsecured, loan participations, equity participations, and loans made by third-party lenders pursuant to programs established by the authority. Other authority financing does not include low-income housing tax credits, which are awarded in accordance with the Internal Revenue Code of 1986 as amended.
General Authority: SDCL 11-11-30, 11-11-128, 11-11-141, 11-11-143, 11-11-180.
Law Implemented: SDCL 11-11-3(2), 11-11-99, 11-11-106, 11-11-110, 11-11-151.
Disclaimer: These regulations may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
