To the extent that the coordinated planning and development of administrative, community, recreational, commercial, and other nonhousing facilities in conjunction with rental housing developments are economically feasible and applicable to the proposed housing development and to the neighborhood or market area in which the proposed housing development is to be located, the authority may approve the financing of the ancillary facilities in connection with an authority mortgage loan or other authority financing.

Source: SL 1975, ch 16, § 1; 2 SDR 31, effective October 30, 1975; transferred from § 45:01:06:18, effective July 1, 1979; 6 SDR 98, effective April 6, 1980; 10 SDR 4, effective July 27, 1983; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 22 SDR 64, effective November 12, 1995.

General Authority: SDCL 11-11-30 , 11-11-128 , 11-11-141 , 11-11-143 , 11-11-165 , 11-11-168 , 11-11-180.

Law Implemented: SDCL 11-11-141 , 11-11-142.