HAR §15-308-42. Announcement, publication

For a period of thirty calendar days, the developer shall publish or cause to be published in the classified section of at least one newspaper published daily in the State and having a general circulation in the county in which the project is located, at least twice a week, or once a week if paired with another form of public notice such as a designated project website or informational meeting, an announcement containing at minimum a summary of the following information: (1) The location of the project; ( 2) A fair and reasonable estimate of: ( A ) The total number of affordable units to be included in the project; (B) The price range of the affordable units; ( C) The approximate size of the affordable units; and (D) A designation whether the affordable units are being sold in fee simple or leasehold; ( 3) A statement that one hundred per cent of the affordable units are being sold in fee simple or leasehold; ( 4) The definition of ""first-time homebuyer"" and ""qualified resident"" as contained in section 201H-32, HRS; 308-24 (5) The name and address of the real estate broker designated by the developer, whom eligible purchasers may contact to be placed on a reservation list, and to obtain further information on the project; and (6) A statement that the affordable units will be available to any eligible purchaser without regard to race, sex, color, religion, marital status, familial status, national origin, person with a disability status, age, or HIV (human immunodeficiency virus) infection. The publication shall also include the United States Department of Housing and Urban Development's equal housing opportunity slo~an or logo. [Eff 1/15/22; am and comp Dt.C 102022 ] (Auth: HRS §201H-4) (Imp: 24 CFR Part 108; 24 CFR Part 200, Subpart M; HRS §§201H-1, 201H-45, 515-3) §15-308-43 Application intake list, requirements. (a) During the initial offering period of thirty calendar days, the developer's designated broker shall compile an application intake list consisting of the names, addresses, and phone numbers of all individuals stating a desire to purchase an affordable unit contained in the announced project. (b) The application intake list shall be compiled in the order in which applicants have submitted to the agent an acknowledgement that the applicant meets the definition of "first-time homebuyer" or "qualified resident" and intends to become a purchaser of an affordable unit. (c) Any individual who makes any false statement in the acknowledgement is subject to criminal charges and civil action under the laws of this State. Any individual found to have willfully submitted false information, made misstatements, or withheld important information shall be deemed to be ineligible for the project and disqualified from future corporation- assisted projects, provided that the corporation shall not waive its right to pursue any other recourse provided by law. 308-25 4  - (5) The name and address of the real estate broker designated by the developer, whom eligible purchasers may contact to be placed on a reservation list, and to obtain further information on the project; and (6 ) A statement that the affordable units will be available to any eligible purchaser without regard to race, sex, color, religion, marital status, familial status, national origin, person with a disability status, age, or HIV (human immunodeficiency virus) infection. The publication shall also include the United States Department of Housing and Urban Development's equal housing opportunity sl?gen or logo. [Eff 1/15/22; am and comp DEC 1 ) 202Z 1 (Auth: HRS §201H-4) (Imp: 24 CFR Part 108; 24 CFR Part 200, Subpart M; HRS §§201H-1, 201H-45, 515-3) §15-308-43 Application intake list, requirements. (a) During the initial offering period of thirty calendar days, the developer's designated broker shall compile an application intake list consisting of the names, addresses, and phone numbers of all individuals stating a desire to purchase an affordable unit contained in the announced project. (b) The application intake list shall be compiled in the order in which applicants have submitted to the agent an acknowledgement that the applicant meets the definition of "first-time homebuyer" or "qualified resident" and intends to become a purchaser of an affordable unit. (c) Any individual who makes any false statement in the acknowledgement is subject to criminal charges and civil action under the laws of this State. Any individual found to have willfully submitted false information, made misstatements, or withheld important information shall be deemed to be ineligible for the project and disqualified from future corporation­ assisted projects, provided that the corporation shall not waive its right to pursue any other recourse provided by law. 308-25 (d) The developer shall submit the application intake list and the applicants' acknowledgement to the corporation within ten days of the expiration of the initial thirty day offering period. The corporation will provide the developer with an eligible purchaser list, which shall list the applicants approved as "first-time homebuyers" or "qualified residents." The developer shall offer affordable units to the individuals on the eligible purchaser list as described in section 15-308-44. (e) Thirty days before the close of project sales, the developer shall submit to the corporation a summary of which individuals on the eligible purchaser list purchased an affordable unit, which did not purchase an affordable unit, and the applicant's reason for not purchasing a unit. From time to time, the corporation may request an updated summary from the dev O_I)er. [Eff 1/15/22; am and comp t: 0 2022 ] (Auth: HRS §201H-4) (Imp: HRS §§201H-1, 201H-45)