HAR §15-304-21

HAR §15-304-21. Generally

Length: 526 wordsOfficial source

Cite as Haw. Code R. § 15-304-21

(a) The corporation may use the Housing Trust Fund for uses allowed under the Housing Trust Fund program, including the new construction, acquisition, or rehabilitation of rental housing units affordable to extremely low-income families at or below thirty per cent of the area median income, and when necessary and subject to the limitations in 24 CFR section 93.200(a), operating costs defined at 24 CFR section 93.201(e) (1) for Housing Trust Fund assisted rental units for which project-based assistance is not available. (b) The corporation shall prepare an annual housing trust fund allocation plan as part of the consolidated planning process. The annual housing trust fund allocation plan shall describe the distribution of funds and establish the application requirements and the criteria for the selection of applications submitted by eligible recipients that meet the State's priority housing needs. (c) The annual housing trust fund allocation plan shall reflect how the housing trust fund will be distributed, such as through grants to subgrantees or directly to eligible recipients, as required under 24 CFR section 91.320 (k) (5). (d) The corporation may amend the housing trust fund allocation plan following the procedures provided in 24 CFR part 91. (e) The corporation shall delegate to the executive director responsibility for day;to-day administration of this program." [Eff MAR ] (Auth: HRS SS201H-4, 201H-16) (Imp: HRS §201H-16, 24 CFR Parts 91 and 93) 304-10 3 5  DEPARTMENT OF BUSINESS, ECONOMIC DEVELOPMENT , AND TOURISM Chapter 15- 304 , Hawaii Administrative Rules , on the Summary Page dated July 11 , 2023 , was adopted on July 12 , 2023 , following a public hearing held on May 22 , 2023 , after public notice was given in The Garden Island, Honolulu Star- Advertiser , Hawaii Tribune- Herald , The Maui News , and West Hawaii Today newspapers on April 21 , 2023. The adoption of chapter 15- 304 shall take effect ten days after filing with the Office of the Lieutenant Governor. APPROVED AS TO FORM: Deputy Attorney General GARY MACKLER, Chairperson Hawaii Housing Finance and Development Corporation APPROVED: Governor State of Hawaii Dated: Filed 304 - 11 ~ ~ CD N 0 -0 N 0'I r r, C --1 t'T'l z o > -..:z: -,,-1 nG J fTlO < rr1 :::it z 0 ::it r,r-. 3 5 3 8 Hawaii ~ ~ CD -0 N 0'I DEPARTMENT OF BUSINESS, ECONOMIC DEVELOPMENT, AND TOURISM Chapter 15-304, Hawaii Administrative Rules, on the Summary Page dated July 11, 2023, was adopted on July 12, 2023, following a public hearing held on May 22, 2023, after public notice was given in The Garden Island, Honolulu Star­ Advertiser, Hawaii Tribune-Herald, The Maui News, and West Hawaii Today newspapers on April 21, 2023. The adoption of chapter 15-304 shall take effect ten days after filing with the Office of the Lieutenant Governor. APPROVED AS TO FORM: Deputy Attorney General GARY MACKLER, Chairperson Hawaii Housing Finance and Development Corporation APPROVED: Governor State of Hawaii Dated: Filed 304-11 2 a   -O  r 4   co a mi as AO c 2  1 ± 3 5 3 8 35 , 3 5 3 8