20:09:25:01Description of the program.
Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
The flexible lending/guarantee program provides construction, first, and junior loans to borrowers; provides grants to borrowers; and provides for the leveraging of commercial lender funds for the development of affordable single-family housing, multifamily housing, assisted living centers, congregate housing, and day care facilities.
Source: 22 SDR 64, effective November 11, 1995.