HAR §15-307-4. Development by corporation

(a) The corporation may develop land or housing projects in accordance with the provisions of chapter 201H, HRS: (1) On its own behalf; 307-14 (2) On behalf of, or in partnership with any government agency, or any landowner, or developer; or (3) With an eligible developer or contractor. (b) The corporation may develop housing projects for (1) [employees,] Employees, teachers, or other government workers[,]; [and]; (2) [university]University and college students and faculty[,]; (3) [nonprofit] Nonprofit organizations[,]; and (4) [government] Government agencies for special needs housing projects primarily designed to meet the needs of elderly, persons with disabilities, displaced or homeless persons and their families, and other groups with special needs. The corporation may establish preferences and other necessary requirements and conditions for such housing projects on a project-by-project basis. (c) The corporation shall offer not less than ten per cent of the total number of finished houselots in a [single family] single-family project of fifty or more units to owner-builders or nonprofit organizations assisting owner-builders in the construction of units thereon. This requirement does not apply to assisted projects [which] that are not initiated by the corporation. (d) The corporation may incorporate starter homes into any lower cost housing project developed by the corporation. The corporation shall determine the number of starter home units to be included in each particular project on a project-by-project basis. (1) Building, setback, minimum lot size, infrastructure, and architectural standards for the construction and development of starter homes shall be in compliance with the design and construction requirements of the county in which the lower cost housing project is located. (2) The sale of starter home units by the corporation shall meet all requirements set forth in chapter 15-308[Hawaii 307-15 Administrative Rules]. [Eff 12/04/10; am and comp 4/28/17; am and comp 1/15/22; am and comp ](Auth: HRS §201H-4, 201H-33, 201H-40) (Imp: HRS §§201H-12, 201H-33, 201H-40, Act 131, SLH 2016)