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

The South Dakota board has paved the way for a significant financial shift, approving rules that will allow $30 million in loans from a state housing fund to support airport projects in Rapid City and Sioux Falls. This move, unopposed by the Housing Development Authority, follows a legislative push by Gov. Larry Rhoden. The decision could bolster local infrastructure but also raises questions about the allocation of funds meant for housing, suggesting a broader debate on balancing regional development priorities.