HAR §15-302-17

HAR §15-302-17. Preference

Length: 560 wordsOfficial source

Cite as Haw. Code R. § 15-302-17

(a) Unless otherwise provided in these rules, the corporation may give preference to rent-to-own applicants on the basis of overall need and to applicants who: (1) Meet the occupancy guidelines set forth in section 15-302-15; (2) For single family developments only, have, excluding an applicant's spouse, minor dependents, as defined in the applicable regulations of the Internal Revenue Service, and as shown on the applicant's or co­ applicant's state income tax return, divorce decree, or other document which is to be submitted upon the request of the corporation. If preference was given due to birth of a child or pregnancy after the tax return year, verification of newborn children will be made at the time of lot selection and purchase; (3) Have been displaced from their homes because of governmental action; and @7 58 302-8 §lS-302-18 (4) For income preferences only, income preference will be based on family size and annual family income as established from time to time for the State by the United States Department of Housing and Urban Development. All income for family members who are eighteen years of age and older who are currently residing with the family and will physically reside in the dwelling unit to be purchased will be added to the gross family income to determine the income preference. The corporation shall determine the income preference for each project. (b) Not more than twenty per cent of all affordable dwelling units in a specific project, as determined by the corporation, shall be for applicants with a preference as provided in subsection (a); however, the corporation may establish a limit ~n the number of units for which preference is provided on a project-by-project basis. (c) Other preferences may 'be determined by the co~poration for a specific project. [Eff JuN 152007 ] (Auth: HRS §§201H-4, 201H-171, 201H-181) (Imp: HRS §§201H-171, 201H-181) §lS-302-18 Information and verification. (a) The corporation shall require applicants to provide information relating to family income, family size, financial condition, and status changes prior to executing a rent-to-own contract. (b) The corporation may require applicants and program participants to provide documentation to verify information sUbmitted to the corporation, including but not limited to: (1) Hawaii state income tax return; (2) Federal income tax return; (3) Certification of pregnancy; and (4) Other documents as required by the corporation. 302-9 2 t sa §15-302-18 (4) For income preferences only, income preference will be based on family size and annual family income as established from time to time for the State by the United States Department of Housing and Urban Development. All income for family members who are eighteen years of age and older who are currently residing with the family and will physically reside in the dwelling unit to be purchased will be added to the gross family income to determine the income preference. The corporation shall determine the income preference for each project. (b) Not more than twenty per cent of all affordable dwelling units in a specific project, as determined by the corporation, shall be for applicants with a preference as provided in subsection (a); however, the corporation may establish a limit on the number of units for which preference is provided on a project-by-project basis. (c) Other preferences may be determined by the corpgration for a specific project. (Eff JUN 15 2007  (Auth: HRS 5$201H-4, 201H-171, 201H-181) (Imp: HRS §S201H-171, 201H-181)