South Dakota board advances rules allowing $30 million in airport loans from housing fund

By: Joshua Haiar

Outlets: South Dakota Searchlight

Published: July 1, 2026

Words: 289

Last Updated: 3 weeks ago

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A South Dakota board advanced rules on Wednesday that allow up to $30 million to be loaned from a state housing infrastructure fund to help finance airport projects in Rapid City and Sioux Falls.

The Housing Development Authority’s members approved the rules without any opposition. The rules implement a bill introduced at Gov. Larry Rhoden’s request and signed into law by him in March.

The law authorizes loans up to $15 million each …

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