South Dakota Loans Big Bucks to Airports | Pierre News
Failed to add items
Add to basket failed.
Add to wishlist failed.
Remove from wishlist failed.
Adding to library failed
Follow podcast failed
Unfollow podcast failed
South Dakota Loans Big Bucks to Airports | Pierre News
-
Narrated by:
-
By:
South Dakota’s airports are getting a major upgrade—with $30 million in low-interest loans approved for Rapid City and Sioux Falls. Under a new law, each airport can access up to $15 million at just 2% interest over 20 years, with all repayments feeding back into the state’s housing infrastructure fund. Rapid City plans to add five gates and expand its concourse, while Sioux Falls is building a brand-new concourse with five more gates and 57,000 sq ft of space—both projects costing over $100 million. The housing fund, launched last year with $200 million, supports critical infrastructure like roads and utilities for housing developments, funded by state and federal dollars. The board’s approval is now headed to the Legislature’s review committee.
Listen in comfort:
Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn
Advertise on DNN:
advertise@thednn.ai
This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.
View sources & latest updates:
https://sources.thednn.ai/46005462f39cfb7f