Chapter 201H
Hawaii Housing Finance and Development Corporation
CHAPTER 201H
HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION
Part I. General Provisions
Section
201H-1 Definitions
201H-2 Hawaii housing finance and development corporation;
establishment, staff
201H-3 Board; establishment, functions, duties
201H-4 General powers
201H-4.5 Urban gardening programs
201H-5 Fair housing law to apply
201H-6 Housing advocacy and information system
201H-7 Housing research
201H-8 Housing counseling
201H-9 Acquisition, use, and disposition of property
201H-10 Cooperative agreements with other governmental
agencies
201H-11 Agents, including corporations
201H-12 Development of property
201H-13 Eminent domain, exchange or use of public property
201H-14 Contracts with the federal government
201H-15 Administration of low-income housing credit allowed
under section 235-110.8
201H-16 Administration of federal programs
201H-17 Federal funds outside of state treasury
201H-18 Public works contracts
201H-19 Remedies of an obligee: mandamus; injunction;
possessory action; receiver; accounting; etc.
201H-20 Subordination of mortgage to agreement with
government
201H-21 Duty to make reports
201H-22 Quitclaim deeds
201H-23 For-sale developments
Part II. Housing Development Programs
201H-31 Criteria
201H-32 Definitions
201H-33 Powers and duties, generally
201H-34 Additional powers; development
201H-34.5 Authority to modify and amend development
agreements with eligible developers
201H-35 Bond financing
201H-36 Exemption from general excise taxes
201H-37 Exemption from tax on income and obligations
201H-38 Housing development; exemption from statutes,
ordinances, charter provisions, and rules
201H-39 Starter homes; design standards; applicant
eligibility; authority to incorporate starter homes
into housing projects of the corporation
201H-40 Housing projects; construction and sponsorship
201H-41 Independent development of projects
201H-42 Private development of projects
201H-43 Interim financing of projects
201H-44 Commercial, industrial, and other uses
201H-45 Sale; mortgage, agreement of sale, and other
instruments
201H-46 Co-mortgagor
201H-47 Real property; restrictions on transfer; waiver of
restrictions
201H-48 Exception of current owners in corporation projects
201H-49 Real property; restrictions on use
201H-50 Restrictions on use, sale, and transfer of real
property; effect of amendment or repeal
201H-51 Corporation’s right to repurchase or rent real
property; authority to seek recovery
201H-52 Nonprofit organizations and government agencies
201H-53 Rate of wages for laborers and mechanics
201H-57 Land leases to nonprofit organizations providing
affordable housing
201H-58 Leases; self-help housing
201H-59 Affordable rental housing development program
201H-70 Additional powers
Part III. Financing Programs
A. General Provisions
201H-71 Bonds; authorization
201H-72 Issuance of bonds for the development of
infrastructure
201H-73 Issuance of bonds for the preservation of low-income
housing projects
201H-74 Bonds; interest rate, price, and sale
201H-75 Trustee; designation, duties
201H-76 Trust indenture
201H-77 Investment of reserves, etc.
201H-78 Security for funds deposited by the corporation
201H-79 Arbitrage provisions, interest rate
201H-80 Housing finance revolving fund; bond revolving funds
201H-81 Repealed
201H-82 Rate of wages for laborers and mechanics
201H-85 Repealed
201H-86 Low-income housing tax credit loan
201H-90 Additional powers
B. Housing Loan and Mortgage Program
201H-91 Definitions
201H-92 Owner-occupancy requirement
201H-93 Eligible borrowers
201H-94 Eligible loans
201H-95 Eligible project loans
201H-96 Eligible improvement loans
201H-97 Housing loan programs; procedures and requirements
201H-98 Housing loan programs; general powers
201H-99 Housing loan programs; self-supporting
201H-100 Housing loan programs; fees
201H-101 Housing loan programs; evidence of eligible loan,
eligible improvement loan, or eligible project loan
201H-102 to 104 Repealed
201H-105 Advance commitments program
201H-106 Loan funding programs
201H-107 Loans; service and custody
201H-108 Loans; sale, pledge, or assignment
201H-109 Loans; insurance and guarantees
201H-110 Loans; default
201H-120 Additional powers
C. Rental Assistance Program
201H-121 Purpose; findings and determinations
201H-122 Definitions
201H-123 Rental assistance revolving fund
201H-124 Rental assistance contracts
201H-125 Rental assistance program
201H-126 Benefits of program not exclusive
201H-140 Additional powers
D. Taxable Mortgage Securities Programs
201H-141 Definitions
201H-142 Housing loan programs; authorization
201H-143 Housing loan programs; procedures and requirements
201H-144 Housing loan programs; general powers
201H-150 Additional powers
E. State Mortgage Guarantee Program
201H-151 State mortgage guarantee
201H-152 Mortgage guarantee agreements
201H-160 Additional powers
F. Downpayment Loan Program
201H-161 Downpayment loans
201H-162 Qualifications for downpayment loans
201H-163 Restrictions on borrower
201H-164 Default
201H-170 Additional powers
G. Homebuyers’ Club Program
201H-171 Homebuyers’ club program
201H-180 Additional powers
H. Rent-to-Own Program
201H-181 Rent-to-own program
201H-190 Additional powers
I. Dwelling Unit Revolving Fund
201H-191 Dwelling unit revolving fund
201H-191.5 Regional state infrastructure subaccounts
201H-200 Additional powers
J. Rental Housing Revolving Fund
201H-201 Definitions
201H-202 Rental housing revolving fund
201H-203 Eligible applicants for funds
201H-204 Eligible projects
201H-210 Additional powers
Part IV. Expenditures of Revolving Funds Under
the Corporation Exempt from Appropriation
and Allotment
201H-211 Expenditures of revolving funds under the corporation
exempt from appropriation and allotment
201H-220 Additional powers
Note
Chapter heading amended by L 2006, c 180, ยง15.
Public land trust information system. L 2011, c 54; L 2013, c 110.
Law Journals and Reviews
The Scramble to Protect the American Dream in Paradise: Is Affordable Housing Possible in Hawaii? 10 HBJ 37 (2007).