HAR §15-312-40

HAR §15-312-40. Purpose

Length: 71 wordsOfficial source

Cite as Haw. Code R. § 15-312-40

The purpose of this program is to provide funds to mortgage lenders to be used to make eligible project loans. The funding shall be based on an agreement by mortgage lenders to deliver a specified amount of existing loans and mortgage lenders shall use the funds to originate eligible project loans. [Eff 4/23/2010; comp JAN 15 2022 (Auth: HRS §201H-97) (Imp: HRS §201H-104) §§15-312-41 to 15-312-42 (Reserved). SUBCHAPTER 6 MISCELLANEOUS PROVISIONS