Governor's Office of Economic Development



68:02 Board of Economic Development

The effect of the amendments will be to authorize the Board of Economic Development to make loans from the Revolving Economic Development and Initiative Fund for the construction and refurbishment of multi-family housing. The amendments will allow for the amortization of loans for multi-family housing for a term of up to 30 years. The proposal also includes the repeal of a transitional rule adopted in 2007 which is not obsolete.

New content is added below as the draft rules move through the rule-making process.







Interim Rules Hearing
Important Dates
Public Hearing:
Comment Deadline:
Interim Rules Committee Hearing:
Filed-Secretary of State:
Rule Effective:
02/12/2020
02/11/2020


Agency Contact: Travis Dovre mail to: GOEDAdminRules@state.sd.us