11-11-10. Development authority established--Administrator of federal housing program.
111 words·~1 min read·
/sd/title-11/chapter-11-11/11-11-10·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
There is hereby created and established a body politic and corporate with duties and powers as established in this chapter, to be known as the South Dakota Housing Development Authority to carry out the provisions of this chapter. The authority is hereby constituted an independent public instrumentality exercising essential public functions. Without limiting any other power or function of the authority established under this chapter, the authority shall be the sole, statewide designated state public housing agency authorized to administer the United States Department of Housing and Urban Renewal's Performance-Based Contract Administrator Program for the Administration of Project-Based Section 8 Housing Assistance Payments Contracts on a statewide basis throughout the state.