HAR §15-306-15
HAR §15-306-15. Substantial changes
Cite as Haw. Code R. § 15-306-15
If a contract
for work on a certified project experiences
substantial changes, the claimant must submit a
revised, or amended, department of taxation form G-37
for certification by the corporation.
This revised
form G-37 must include the full amounts of the
contract.
A revised department of taxation schedule A
to form G-37 must also be submitted, if applicable.
For purposes of this section, "substantial changes"
means changes of more than twenty per cent of the
original contract amount, or more than $200,000.
[Eff 12/11/10; comp 12/11/15; comp 10/27/18;
comp FEB 1 8 2022 1
(Auth:
HRS §§201H-36, 237-29)
(Imp:
HRS §§201H-36, 237-29)
306-17
§15-306-21
SUBCHAPTER 3
MISCELLANEOUS PROVISIONS
§15-306-21
Exemptions for certain existing
rental projects. Any existing rental project for which
a general excise tax exemption was granted by the
Hawaii housing authority prior to June 9, 1983, is not
required to reapply for an exemption unless there is a
change in use or ownership of the project which
results in a change in the target tenant population.
Upon such a change in use or ownership, application
for recertification shall be made to the corporation.
If qualified, the successive owner of the project may
receive an annual exemption as long as the project
remains an eligible housing project.
[Eff 10/08/07;
am 09/05/08; comp 12/11/10; comp 12/11/15; comp
10/27/18; comp
1 8
] (Auth:
HRS §237-29)
(Imp:
HRS§§ 201H-36, 237-29)
§15-306-22
Exemption for other existing rental
projects.
The corporation may certify claimants for
exemption of affordable rents of existing rental
projects following a conveyance or transfer of
ownership, provided that the following conditions are
met:
(1)
The rental project was previously certified
or approved for exemption from general
excise taxes by the corporation or its
predecessors;
(2)
The rental project will continue to meet the
income criteria of an existing eligible
housing project, pursuant to a deed
restriction or other written agreement that
restricts the use and operation of the
project, and is recorded on the project; and
(3)
The claimant shall reapply for certification
of the existing rental project.
[Eff
12/11/15; comp 10/27 /18; comp
FEB 1 8 ?0"7
J
(Auth:
HRS §237-29) (Imp:
HRS§§ 201'frj~6,
237-29)
306-18
12/11/15; comp 10/27 /18; comp
FEB 1 8 ?0"7
(Auth:
HRS §237-29) (Imp:
HRS§§ 201'frj~6,
§15-306-21
SUBCHAPTER 3
MISCELLANEOUS PROVISIONS
§15-306-21
Exemptions for certain existing
rental projects. Any existing rental project for which
a general excise tax exemption was granted by the
Hawaii housing authority prior to June 9, 1983, is not
required to reapply for an exemption unless there is a
change in use or ownership of the project which
results in a change in the target tenant population.
Upon such a change in use or ownership, application
for recertification shall be made to the corporation.
If qualified, the successive owner of the project may
receive an annual exemption as long as the project
remains an eligible housing project.
[Eff 10/08/07;
am 09/05/08; comp 12/11/10; comp 12/11/15; comp
10/27/18; comp
FEB 1 8 2022
I
(Auth:
HRS $237-29)
(Imp:
HRS§§ 201H-36, 237-29)
§15-306-22
Exemption for other existing rental
projects.
The corporation may certify claimants for
exemption of affordable rents of existing rental
projects following a conveyance or transfer of
ownership, provided that the following conditions are
met:
(1)
The rental project was previously certified
or approved for exemption from general
excise taxes by the corporation or its
predecessors;
(2)
The rental project will continue to meet the
income criteria of an existing eligible
housing project, pursuant to a deed
restriction or other written agreement that
restricts the use and operation of the
project, and is recorded on the project; and
(3)
The claimant shall reapply for certification
of the existing rental project.
[Eff
12/11/ 15; comp 10/27/18; comp FEB 1 8.2022
1
(Auth:
HRS $237-29)
(Imp:
HRS 8s 20'1(46,
237-29)
306-18
3454
§15-306-31
SUBCHAPTER 4
APPROVAL OR CERTIFICATION OF AFFORDABLE RENTAL HOUSING
PROJECTS UNDER ACT 54, SESSION LAWS OF HAWAII 2017, AS
AMENDED