revise certain criteria for loans from the South Dakota housing infrastructure fund.

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

revise certain criteria for loans from the South Dakota housing infrastructure fund.

revise certain criteria for loans from the South Dakota housing infrastructure fund.

What This Bill Does

• revise certain criteria for loans from the South Dakota housing infrastructure fund.
• Official keyword topics: Fund Planning, Zoning and Housing Programs Official sponsor note: Senators <a rel="noopener" href="https://sdlegislature.gov/Legislators/Profile/4741/Detail">Crabtree</a> (prime) and <a rel="noopener" href="https://sdlegislature.gov/Legislators/Profile/4745/Detail">Deibert</a> and Representatives <a rel="noopener" href="https://sdlegislature.gov/Legislators/Profile/4753/Detail">Goodwin</a> (prime), <a rel="noopener" href="https://sdlegislature.gov/Legislators/Profile/4749/Detail">Emery</a>, <a rel="noopener" href="https://sdlegislature.gov/Legislators/Profile/4791/Detail">Muckey</a>, <a rel="noopener" href="https://sdlegislature.gov/Legislators/Profile/4824/Detail">Uhre-Balk</a>, and <a rel="noopener" href="https://sdlegislature.gov/Legislators/Profile/4832/Detail">Weisgram</a>

Limits and Unknowns

• This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Official Summary Text

revise certain criteria for loans from the South Dakota housing infrastructure fund.
Official keyword topics:
Fund
Planning, Zoning and Housing Programs
Official sponsor note: Senators <a rel="noopener" href="https://sdlegislature.gov/Legislators/Profile/4741/Detail">Crabtree</a> (prime) and <a rel="noopener" href="https://sdlegislature.gov/Legislators/Profile/4745/Detail">Deibert</a> and Representatives <a rel="noopener" href="https://sdlegislature.gov/Legislators/Profile/4753/Detail">Goodwin</a> (prime), <a rel="noopener" href="https://sdlegislature.gov/Legislators/Profile/4749/Detail">Emery</a>, <a rel="noopener" href="https://sdlegislature.gov/Legislators/Profile/4791/Detail">Muckey</a>, <a rel="noopener" href="https://sdlegislature.gov/Legislators/Profile/4824/Detail">Uhre-Balk</a>, and <a rel="noopener" href="https://sdlegislature.gov/Legislators/Profile/4832/Detail">Weisgram</a>

Current Bill Text

26.832.19 101st Legislative Session 204

2026 South Dakota Legislature
Senate Bill 204
ENROLLED

AN ACT

ENTITLED An Act to revise certain criteria for loans from the South Dakota housing
infrastructure fund.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section 1. That § 11-15-1 be AMENDED:
11-15-1. Terms used in this chapter mean:
(1) "Authority," the South Dakota Housing Development Authority;
(2) "Housing infrastructure," the installation, replacement, upgrade, or improvement
of public infrastructure for the support of a single -family or multi -family housing
project; and
(3) "Public infrastructure," a right of way, water distribution system, sanitary sewer
system, storm sewer system, lift station, street, road, bridge, curb, gutter,
sidewalk, traffic signal, or streetlight, which is or will be located in the state and is
or will be owned, maintained, or provided by a political subdivision of this state or
federally recognized Indian tribe; or excavation, necessary site work, compaction,
or acquisition of land for support of a single family or multi-family housing project.
Section 2. That § 11-15-4 be AMENDED:
11-15-4. The authority may make loans from the South Dakota housing
infrastructure fund, created in § 11-15-2, for housing infrastructure projects. The principal
amount of a loan may not exceed one -half of the total cost of the housing infrastructure
project. The authority may use up to one percent of the principal amount of a loan to
offset the authority's expenses in administering the loan.
26.832.19 2 204
SB204 ENROLLED
An Act to revise certain criteria for loans from the South Dakota housing infrastructure fund.

I certify that the attached Act originated in
the:

Senate as Bill No. 204

Secretary of the Senate

President of the Senate

Attest:

Secretary of the Senate

Speaker of the House

Attest:

Chief Clerk of the House

Senate Bill No. 204
File No. ____
Chapter No. ______

Received at this Executive Office
this _____ day of _____________,

2026 at ____________M.

By
for the Governor

The attached Act is hereby
approved this ________ day of
______________, A.D., 2026

Governor

STATE OF SOUTH DAKOTA,
ss.
Office of the Secretary of State

Filed ____________, 2026
at _________ o'clock __M.

Secretary of State

By
Asst. Secretary of State