SB204

This bill changes how South Dakota distributes money from its housing infrastructure fund by shifting funding from large cities to rural areas—increasing the share for municipalities with 50,000+ residents from 30% to 50%, while decreasing the share for smaller communities and rural areas from 70% to 50%. The bill also clarifies what counts as "public infrastructure" eligible for funding and adds a rule preventing projects in large cities from receiving both a grant and a loan from the fund.

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