HAR §15-321-1

HAR §15-321-1. Purpose

Last amended: 2023Length: 81 wordsOfficial source

Cite as Haw. Code R. § 15-321-1

The purpose of this chapter is to implement the provisions of section 201H-206, HRS, by establishing an affordable homeownership revolving fund program. The purpose of section 201H-206, HRS, as set forth in Act 227, Session Laws of Hawaii 2021, is to provide funds for the development of affordable for-sale housing projects by nonprofit community development financial institutions and nonprofit housing development organizations to facilitate greater homeownership opportunities for Hawaii residents. [Eff NOV 27 2023 ] (Auth: HRS §201H-206) (Imp: HRS §201H-206)
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