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.
S.D. Codified Laws § 11-7-56
Purchase or lease of existing buildings in lieu of new construction for housing project
Known as the County and Municipal Housing and Redevelopment Law
The act spans §§ 11–11 (112 sections).
Source: SL 1950 (SS), ch 13, § 17; SDC Supp 1960, § 45.3617.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.