On page 1, line 1, of the Introduced bill, after "for " insert "multi-family "
On page 1, after line 3, of the Introduced bill, insert "
Section 1. There is hereby appropriated from the general fund the sum of $40,000,000, to the Governor's Office of Economic Development to be used for multi-family workforce housing projects for counties with a population of one hundred thousand or less.
"
On page 1, line 4, of the Introduced bill, delete " $5,000,000" and insert " $10,000,000"
On page 1, line 5, of the Introduced bill, delete "South Dakota Housing Development Authority " and insert "Governor's Office of Economic Development "
On page 1, line 6, of the Introduced bill, after "for " insert "multi-family "
On page 1, line 7, of the Introduced bill, delete " the Sioux Falls and Rapid City areas" and insert " Minnehaha County"
On page 1, after line 7, of the Introduced bill, insert "
Section
3.
There is hereby appropriated from the general fund the sum of
$10,000,000,
to the Governor's Office of Economic Development to be used for
grants for the purpose of providing low-interest, revolving loans for
developers and property owners for multi-family workforce housing
projects in Pennington County.
"
On page 1, line 8, of the Introduced bill, delete "executive director of the South Dakota Housing Development Authority " and insert "commissioner of the Governor's Office of Economic Development "