<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s6fb6a5a6-75b4-49af-a792-705beb97b6dcP0 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: justify; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } span.s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s6fb6a5a6-75b4-49af-a792-705beb97b6dc000002 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0-000003 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcP0"><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:09:26:01"><span class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0-000000">20:09:26:01</span></a><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0-000001">.  </span><span class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0-000001">Definitions</span><span class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0-000001">.</span><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0"> </span><span class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">Terms used in this chapter mean:</span></p><p dir="ltr" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcP0"><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dc000002"> </span></p><p dir="ltr" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcP0"><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">    </span><span class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">(1)  "Airport infrastructure funding," a loan, from the housing infrastructure fund, for airport infrastructure;</span></p><p dir="ltr" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcP0"><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">    (2)  "Airport infrastructure project," improvements to or maintenance of airport infrastructure for an airport as described in SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=11-15-9"><span class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0-000003">11-15-9</span></a><span class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">;</span></p><p dir="ltr" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcP0"><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">    (3)  "Authority," the South Dakota Housing Development Authority;</span></p><p dir="ltr" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcP0"><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">    (4)  "Board," the board of commissioners of the authority;</span></p><p dir="ltr" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcP0"><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">    (5)  "Housing infrastructure fund," a fund authorized pursuant to SDCL chapter </span><a href="https://sdlegislature.gov/Statutes?Statute=11-15"><span class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0-000003">11-15</span></a><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0"> and administered by the authority for the purpose of making loans and grants for housing infrastructure projects, making loans to a school district adjoining a federal military installation, and making loans for airport infrastructure;</span></p><p dir="ltr" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcP0"><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">    (6)  "Housing infrastructure funding," a grant, a loan, or both a grant and a loan, from the housing infrastructure fund for a housing infrastructure project;</span></p><p dir="ltr" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcP0"><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">    (7)  "Housing infrastructure project," the installation, replacement, upgrade, or improvement of public infrastructure for the support of a single-family or multi-family housing project;</span></p><p dir="ltr" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcP0"><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">    (8)  "Indian tribe," as defined in SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=2-14-2"><span class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0-000003">2-14-2</span></a><span class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">;</span></p><p dir="ltr" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcP0"><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">    (9)  "Political subdivision," any agency of this state, association, authority, board, city, commission, committee, council, county, local government entity, school district, task force, town, or township that is created or appointed by statute, ordinance, or resolution and is authorized to exercise any sovereign power derived from state law;</span></p><p dir="ltr" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcP0"><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">    (10)  "Public infrastructure," as defined in SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=11-15-1"><span class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0-000003">11-15-1</span></a><span class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">;</span></p><p dir="ltr" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcP0"><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">    (11)  "School district funding," a loan from the housing infrastructure fund for a school district project;</span></p><p dir="ltr" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcP0"><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">    (12)  "School district project," the construction or expansion of a school building, as defined in SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=34-44-2"><span class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0-000003">34-44-2</span></a><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">, in a school district as described in SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=11-15-8"><span class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0-000003">11-15-8</span></a><span class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">;</span></p><p dir="ltr" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcP0"><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">    (13)  "Total project cost," the total cost of a housing infrastructure project; and</span></p><p dir="ltr" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcP0"><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">    (14)  "Written agreement," the contract between an applicant and the authority setting forth the terms and conditions of the housing infrastructure funding, the school district funding, or airport infrastructure funding.</span></p><p dir="ltr" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcP0"><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dc000002"> </span></p><p dir="ltr" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcP0"><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">    </span><span class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0-000001">Source:</span><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0"> </span><span class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">49 SDR 125, effective July 3, 2023; 51 SDR 12, effective August 12, 2024; 52 SDR 10, effective August 4, 2025; 53 SDR 11, effective August 6, 2026.</span></p><p dir="ltr" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcP0"><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">    </span><span class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0-000001">General Authority:</span><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=11-15-6"><span class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0-000003">11-15-6</span></a><span class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">.</span></p><p dir="ltr" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcP0"><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">    </span><span class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0-000001">Law Implemented:</span><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=11-15-1"><span class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0-000003">11-15-1</span></a><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0"> to </span><a href="https://sdlegislature.gov/Statutes?Statute=11-15-5"><span class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0-000003">11-15-5</span></a><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">, inclusive, </span><a href="https://sdlegislature.gov/Statutes?Statute=11-15-8"><span class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0-000003">11-15-8</span></a><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=11-15-9"><span class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0-000003">11-15-9</span></a><span class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcC0">.</span></p><p dir="ltr" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dcP0"><span xml:space="preserve" class="s6fb6a5a6-75b4-49af-a792-705beb97b6dc000002"> </span></p></div></body></html>