<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.s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30P0 { 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.s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30000002 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0-000003 { 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="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30P0"><span xml:space="preserve" class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:09:26:15"><span class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0-000000">20:09:26:15</span></a><span xml:space="preserve" class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0-000001">.  </span><span class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0-000001">Modification of housing infrastructure funding</span><span class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0-000001">.</span><span xml:space="preserve" class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0"> </span><span class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0">The authority may amend the amount of the housing infrastructure funding at any time before closing, based on the final itemization of the total project cost. The executive director of the authority may approve and authorize an increase in the housing infrastructure funding</span><span class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0">,</span><span xml:space="preserve" class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0"> in an amount not to exceed five percent of the initial amount</span><span class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0">,</span><span xml:space="preserve" class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0"> if the executive director finds the increase is justified by an increase in costs applicable to the public infrastructure and is necessary or desirable for the successful construction and operation of the public infrastructure</span><span class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0">.</span></p><p dir="ltr" class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30P0"><span xml:space="preserve" class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30000002"> </span></p><p dir="ltr" class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30P0"><span xml:space="preserve" class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0">    </span><span class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0-000001">Source:</span><span xml:space="preserve" class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0"> </span><span class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0">49 SDR 125, effective July 3, 2023; 52 SDR 10, effective August 4, 2025</span><span class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0">.</span></p><p dir="ltr" class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30P0"><span xml:space="preserve" class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0">    </span><span class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0-000001">General Authority:</span><span xml:space="preserve" class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=11-15-6"><span class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0-000003">11-15-6</span></a><span class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0">.</span></p><p dir="ltr" class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30P0"><span xml:space="preserve" class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0">    </span><span class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0-000001">Law Implemented:</span><span xml:space="preserve" class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=11-15-1"><span class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0-000003">11-15-1</span></a><span xml:space="preserve" class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0"> to </span><a href="https://sdlegislature.gov/Statutes?Statute=11-15-5"><span class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0-000003">11-15-5</span></a><span class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0">, inclusive</span><span class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30C0">.</span></p><p dir="ltr" class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30P0"><span xml:space="preserve" class="s950dcf17-3bf8-4a9c-817f-b1a5ffed2e30000002"> </span></p></div></body></html>