Title 13, Planning And Economic Development

[§201H-164] Default. If the borrower defaults in the payment of any installment of principal or interest of the downpayment loan, the corporation or mortgage lender shall take all necessary action to collect the delinquent amounts and may take all actions generally allowed holder…

[§201H-17] Federal funds outside of state treasury. Notwithstanding chapter 38, the corporation may establish and manage federal funds outside of the state treasury to be used for federal housing programs. The corporation shall invest those funds in permitted investments in accor…

[§201H-170] Additional powers. The powers conferred upon the corporation by this subpart shall be in addition and supplemental to the powers conferred by any other law, and nothing in this subpart shall be construed as limiting any powers, rights, privileges, or immunities so con…

G. Homebuyers' Club Program §201H-171 Homebuyers' club program. (a) The corporation may establish a homebuyers' club program for participants who are desirous of purchasing a home and who have adequate incomes but who lack sufficient funds for the downpayment and closing costs. T…

[§201H-18] Public works contracts. The corporation may make, execute, and carry out contracts for, or in connection with, any housing project in the manner provided under chapter 103D and section 103-53; provided that with regard to the contracts, the term "officers", as used in …

[§201H-180] Additional powers. The powers conferred upon the corporation by this subpart shall be in addition and supplemental to the powers conferred by any other law, and nothing in this subpart shall be construed as limiting any powers, rights, privileges, or immunities so con…

H. Rent-to-Own Program [§201H-181] Rent-to-own program. (a) The corporation may establish a rent-to-own program under which dwelling units that are for sale may be rented to program participants. Under this program, the corporation shall credit a portion of the rent received towa…

[§201H-19] Remedies of an obligee: mandamus; injunction; possessory action; receiver; accounting; etc. An obligee of the corporation shall have the right, in addition to all other rights that may be conferred on the obligee subject only to any contractual restrictions binding upo…

[§201H-190] Additional powers. The powers conferred upon the corporation by this subpart shall be in addition and supplemental to the powers conferred by any other law, and nothing in this subpart shall be construed as limiting any powers, rights, privileges, or immunities so con…

I. Dwelling Unit Revolving Fund §201H-191 Dwelling unit revolving fund. (a) There is created a dwelling unit revolving fund. The funds appropriated for the purpose of the dwelling unit revolving fund and all moneys received or collected by the corporation for the purpose of the r…

§201H-191.5 Regional state infrastructure subaccounts. (a) The corporation, upon request by a county, may establish and operate a regional state infrastructure subaccount within the dwelling unit revolving fund established pursuant to section 201H-191 for the benefit of the housi…

§201H-2 Hawaii housing finance and development corporation; establishment, staff. (a) There is established the Hawaii housing finance and development corporation to be placed within the department of business, economic development, and tourism for administrative purposes only. Th…

[§201H-20] Subordination of mortgage to agreement with government. The corporation may agree in any mortgage made by it that the mortgage shall be subordinate to a contract for the supervision by a governmental agency of the operation and maintenance of the mortgaged property and…

[§201H-200] Additional powers. The powers conferred upon the corporation by this subpart shall be in addition and supplemental to the powers conferred by any other law, and nothing in this subpart shall be construed as limiting any powers, rights, privileges, or immunities so con…

J. Rental Housing Revolving Fund §201H-201 Definitions. As used in this subpart, unless a different meaning is clearly required by the context: "Develop" or "development" means the planning, financing, or acquisition of real and personal property; demolition of existing structure…

§201H-202 Rental housing revolving fund. [Repeal and reenactment on June 30, 2030. L 2025, c 159, §8.] (a) There is established the rental housing revolving fund to be administered by the corporation. (b) An amount from the fund, to be set by the corporation and authorized by the…

[§201H-203] Eligible applicants for funds. Eligible applicants for funds shall include nonprofit and for-profit organizations, limited liability companies, partnerships, and government agencies, who are qualified in accordance with rules adopted by the corporation pursuant to cha…

§201H-204 Eligible projects. (a) [Repeal and reenactment on June 30, 2030. L 2025, c 159, §8.] Activities eligible for assistance from the fund shall include but not be limited to: (1) New construction, rehabilitation, or preservation of low-income rental housing units that meet …

[§201H-205] Additional powers. The powers conferred upon the corporation by this subpart shall be in addition and supplemental to the powers conferred by any other law, and nothing in this subpart shall be construed as limiting any powers, rights, privileges, or immunities confer…

[K.] Affordable Homeownership Revolving Fund §201H-206 Affordable homeownership revolving fund. (a) There is established an affordable homeownership revolving fund to be administered by the corporation for the purpose of providing, in whole or in part, loans to nonprofit communit…

[§201H-207] Additional powers. The powers conferred upon the corporation by this subpart shall be in addition and supplemental to the powers conferred by any other law, and nothing in this subpart shall be construed as limiting any powers, rights, privileges, or immunities confer…

§201H-21 Duty to make reports. Except as otherwise provided by law, the corporation shall: (1) File at least once a year with the governor a report of its activities for the preceding fiscal year; (2) Report to the state comptroller on moneys deposited in depositories other than …

[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. Except as to administrative expenditures, and except as otherwise prov…

[§201H-22] Quitclaim deeds. Unless otherwise provided by law, the corporation shall issue quitclaim deeds and leases whenever it conveys, transfers, sells, or assigns any property developed, constructed, or sponsored under this chapter. [L 2005, c 196, pt of §20; am L 2006, c 180…

[§201H-220] Additional powers. The powers conferred upon the corporation by this [part] shall be in addition and supplemental to the powers conferred by any other law, and nothing in this part shall be construed as limiting any powers, rights, privileges, or immunities so conferr…

[PART V.] GOVERNMENT EMPLOYEE HOUSING PROGRAM [§201H-221] Purpose. The purpose of this part is to establish a government employee housing program to facilitate the creation of affordable residential rental units for rent to government employees and the general public on state-own…

[§201H-222] Definitions. As used in this part, unless the context otherwise requires: "Mixed-use project" means a mixed-use development as defined in section 201H-12(a). "Project" means a specific work or improvement, including real and personal properties, or any interest therei…

[§201H-223] Government employee housing program. (a) There shall be established within the corporation the governmental employee housing program for the purpose of providing affordable and low-cost rental housing units for rent to government employees and [the] general public on …

[§201H-224] Government employee housing projects; criteria. (a) Government employee housing projects developed under this part shall be intended primarily for government employees in the following order of priority: (1) Newly hired permanent full-time state employees; (2) Other p…

[§201H-225] Rules; guidelines. (a) Government employee housing program project units on state land shall not be advertised for rent, subleased, or used for any non-residential use. The corporation, by rule, shall establish penalties for violations of this subsection. (b) The desi…

[§201H-226] Annual reports. The corporation shall submit an annual report to the legislature no later than twenty days prior to the convening of each regular session describing the projects funded, a description of proposals submitted under this part and action taken on the propo…

[§201H-227] Additional powers. The powers conferred upon the corporation by this part shall be in addition and supplemental to the powers conferred by any other law, and nothing in this part shall be construed as limiting any powers, rights, privileges, or immunities so conferred…

[§201H-228] Acquisition of real property from a county. Notwithstanding the provision of any law or charter, any county, by resolution of its county council, without public auction, sealed bids, or public notice, may sell, lease, grant, or convey to the corporation any real prope…

[§201H-229] Condemnation of real property. The corporation, upon making a finding that it is necessary to acquire any real property for its immediate or future use for the purposes of this part, may acquire the property, including property already devoted to a public use, by cond…

[§201H-23] For-sale developments. [(a)] Any law to the contrary notwithstanding, new multifamily for-sale housing condominium developments of seventy-five units or more per acre on privately owned lands and privately financed without federal, state, or county financing assistance…

[§201H-230] Lease of projects. Notwithstanding any law to the contrary, the corporation, without recourse to chapter 103D, may lease for a term not exceeding sixty-five years all or any portion of the real or personal property constituting the commercial portion of a mixed-use pr…

[§201H-231] Assistance by state and county agencies. Any state or county agency, upon request of the corporation, may render services for the purposes of this part. [L 2025, c 166, pt of §2]

[§201H-232] Lands no longer needed. Lands acquired by the corporation from another government agency that are no longer needed by the corporation for the government employee housing program shall be returned to the previous owner of those lands. Lands acquired by the corporation …

[§201H-233] Rules. The corporation may adopt rules pursuant to chapter 91 as may be necessary to carry out the purposes of this part. [L 2025, c 166, pt of §2]

[§201H-24] Affordable multi-family rental housing; redevelopment. After issuing a special management area use permit pursuant [to] section 205A-29.5, the county planning department in the respective county and any other state or county agency authorized to issue a permit or appro…

§201H-3 Board; establishment, functions, duties. (a) There is created a board of directors of the Hawaii housing finance and development corporation consisting of nine members, of whom six shall be public members appointed by the governor as provided in section 26-34. At least fo…

[PART II.] HOUSING DEVELOPMENT PROGRAMS [§201H-31] Criteria. In administering this chapter and other laws of the State applicable to the supplying of housing or the assistance in obtaining housing, the corporation shall give preference to those applicants most in need of assistan…

[§201H-32] Definitions. The following terms, wherever used or referred to in this part, shall have the following respective meanings unless a different meaning clearly appears from the context: "Develop" or "development" means the planning, financing and acquisition of real and p…

[§201H-33] Powers and duties, generally. (a) The corporation may develop fee simple or leasehold property, construct dwelling units thereon, including condominiums, planned units, and cluster developments, and sell, lease, or rent or cause to be leased or rented, at the lowest po…

[§201H-34] Additional powers; development. Notwithstanding section 103-7, but with the approval of the governor, the corporation may enter into and carry out agreements and undertake projects or participate in projects authorized by this chapter. [L 2006, c 180, pt of §3]

[§201H-34.5] Authority to modify and amend development agreements with eligible developers. The corporation is authorized to amend, delete, restate, and otherwise modify the terms, conditions, plans, specifications, and all other matters relating, directly or indirectly, to any h…