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delineate uses for the South Dakota housing opportunity fund.
SB 65 clarifies what the South Dakota housing opportunity fund can be used for, explicitly allowing grants, loans, and other financial help for affordable housing projects, home repairs, accessibility improvements for people with disabilities, homelessness prevention, and community land trusts. The bill also caps administrative costs at no more than 10 percent of awarded funds and targets the fund specifically toward low-to-moderate income households earning up to 115 percent of the area median income.
make an appropriation for the provision of housing infrastructure loans and grants.
HB1033 expands what types of housing projects can receive infrastructure grants from the state by allowing grants for "workforce housing" projects that don't rely on federal or state affordable housing programs. The Board of Economic Development can now award these grants to cities, counties, tribal governments, and local development corporations to build or improve infrastructure supporting these housing projects. This broadens the previous focus of the local infrastructure improvement grant fund beyond just general economic development to specifically include workforce housing infrastructure needs.
provide a refund for the contractor's excise tax for certain residential housing projects.
South Dakota homebuilders can now get a refund of the contractor's excise tax they pay when building affordable single-family homes for eligible low-income homebuyers. The refund applies only to new homes that meet price limits set by the South Dakota Housing Development Authority and are purchased by buyers who meet the authority's income requirements.
make an appropriation for matching funds to enhance research in manufacturing processes having lunar application and planetary use in tribal housing development and to declare an emergency.
South Dakota will provide matching funds to support research into advanced manufacturing processes that could be used in tribal housing development, with potential applications to lunar and planetary construction. The bill declares this funding an emergency appropriation, meaning it takes effect immediately rather than waiting for the standard implementation timeline. This creates new state funding to help tribes develop innovative housing solutions using cutting-edge manufacturing technology.
revise provisions related to prohibited conduct by schools and landlords related to medical cannabis.
SB 6 protects medical cannabis cardholders from discrimination by schools and landlords—schools cannot refuse enrollment and landlords cannot refuse to rent to someone solely because they hold a medical cannabis card, unless doing so would violate federal law or cause the school or landlord to lose federal funding or licenses. The bill still allows landlords to set reasonable rules about how tenants use cannabis on the property.