Haw. Code R. § 15-165-35 - Procedural guide

(a) The corporation shall prepare a procedural guide consistent with these rules. The procedural guide, as amended or supplemented from time to time by the board and at the board's sole discretion, shall cover without limitation guidelines and procedures relating to the following matters:

(1) The applications process;

(2) Terms and conditions of the loans to be made under this program;

(3) Project eligibility under the program;

(4) For rental projects, a compliance monitoring plan, including but not limited to, rental rates; terms of compliance; tenant income verification, certification, and recertification; rent restrictions, if any; eviction of tenants; audits; reporting requirements; fees; and non-compliance penalties; and

(5) Defaults.

(b) A copy of the procedural guide, in its most current form, shall be kept at all times at the principal office of the corporation in its most current form and shall be available for inspection at the corporation's normal business hours.

Notes

Haw. Code R. § 15-165-35

[Eff OCT 25 1999] (Auth: HRS § 2016-4, 2016-243) (Imp: HRS § 2016-244)