Haw. Code R. § 15-165-33 - Housing project loan program
(a) The corporation
may, with the board's approval, issue and sell securities in order to provide
below-market rate interest loans for the development, construction,
acquisition, preservation, and substantial rehabilitation of affordable housing
projects.
(b) Securities issued
under this program may be leveraged with other resources, including available
funds from the rental assistance program administered by the corporation in
order to further lower construction financing costs.
Notes
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