HAR §15-308-25. Occupancy guidelines for sale units

(a) The following occupancy guidelines shall be used for the sale of units: (1) To determine the maximum affordable sales price; and (2) During the initial application period, to establish a property selection order list. Dwelling Unit Preferred Size Household Size 0 Bedroom 1 person 1 Bedroom 2 persons 2 Bedroom 3 persons 3 Bedroom 4 persons 4 Bedroom 5 persons (b) The maximum household size is determined by prevailing county building or housing codes, or in the absence thereof, the city and county of Honolulu housing code. [Eff 1/15/22; comp 102022 ] (Auth: HRS §§201H-4, 201H-33, 201H-41) (Imp: HRS §§201H-111, 201H-33, 201H-38, 201H-41) 308-20 sale of the first affordable unit, and that the unit was sold to a qualified resident meeting corporation income and asset requirements, and at a restricted price approved by the corporation. (2) In the event the corporation does not repurchase the unit offered, the owner shall sell the unit at a restricted price. The unit shall remain affordable and sold to a qualified resident whose income does not exceed one hundred forty per cent of the area median income. [Eff 1/15/22; am and comp DE 1 } 2022 ) (Auth: HRS $S201H-4, 201H-47) (Imp: HRS S201H-1) $15-308-25 Occupancy guidelines for sale units. (a) The following occupancy guidelines shall be used for the sale of units: (1) To determine the maximum affordable sales price; and ( 2 ) During the initial application period, to establish a property selection order list. Dwelling Unit Preferred Size Household Size 0 Bedroom 1 person 1 Bedroom 2 persons 2 Bedroom 3 persons 3 Bedroom 4 persons 4 Bedroom 5 persons (b) The maximum household size is determined by prevailing county building or housing codes, or in the absence thereof, the city and county of Honolulu housing code. [Eff 1/15/22; comp DEC 1 () 2022 1 (Auth: HRS SS201H-4, 201H-33, 201H-41) (Imp: HRS SS§201H-111, 201H-33, 201H-38, 201H-41) 308-20