S.D. Codified Laws § 11-7-56

Current with legislation signed by the governor on or before 3/6/2024
Section 11-7-56 - Purchase or lease of existing buildings in lieu of new construction for housing project

In order to conserve the existing housing supply, a commission is authorized to purchase or lease or otherwise acquire existing buildings for low-rent housing whenever this is feasible, in lieu of new construction. All provisions of this chapter relating to other low-rent housing projects shall be applicable to such projects.

SDCL 11-7-56

SL 1950 (SS), ch 13, § 17; SDC Supp 1960, § 45.3617.