Haw. Code R. § 15-164-1 - Purpose
This rule is adopted under chapter
91,
(1) Assisting owners
of rental housing accommodations in maintaining the rentals at levels
affordable by families and individuals of low and moderate income through the
provision of rental assistance payments which, with rentals received from
tenants of low and moderate income, will provide the owners with limited but
acceptable rates of return on their investment in rental housing
accommodations; and
(2) Providing a
funding source for low-interest interim construction financing for the
development of affordable rental housing by nonprofit and for-profit entities
well as the corporation .
Notes
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