Haw. Code R. § 15-218-30 - General qualifications for purchase of reserved housing and workforce housing units
(a) The following shall be qualifications for
purchasing or renting reserved housing or workforce housing units by a buyer or
a tenant. The buyer or the tenant:
(1) Shall
be at least the age of majority;
(2) Shall not have a majority interest in a
principal residence or a beneficial interest in a land trust on a principal
residence within or without the State for a period of three years immediately
prior to the date of application for a reserved housing or a workforce housing
unit under this section;
(3) Shall
not have a spouse or dependent child who has a majority interest, in a
principal residence or a beneficial interest in a land trust on a principal
residence for a period of three years immediately prior to the date of
application for a reserved housing or a workforce housing unit under this
section;
(4) Has never before
purchased a reserved housing or workforce housing unit under this
chapter;
(5) Shall be the owner or
lessee and occupant of the reserved housing or workforce housing
unit;
(6) Shall not have a record
or history of conduct or behavior, including past rent payments, which may
prove detrimental to other tenants or the authority. This criterion shall be
applied within parameters set by federal laws on discrimination, including the
Americans with Disabilities Act; and
(7) Has sufficient gross income to qualify
for the loan to finance the purchase of the reserved housing or workforce
housing unit, or in case of a rental reserved housing or workforce housing unit
demonstrate an ability to pay rent as established by the authority and meet any
additional criteria established by the authority for the respective rental
housing development for which the applicant is applying.
(b) Subject to approval of the executive
director, a current owner of a reserved housing or workforce housing unit may
apply to purchase a larger reserved housing or workforce housing unit provided
that:
(1) The applicant's current household
size determined by the number of individuals on title and their dependents, has
increased and exceeds the occupancy guideline established in section
15-218-20;
(2) The applicant has resided in the current
reserved housing or workforce housing unit for at least one year; and
(3) The applicant qualifies to purchase a
reserved housing or workforce housing unit in accordance with subsection (a),
except that the applicant's current ownership of a reserved housing or
workforce housing unit shall not disqualify the applicant under subsection
(a)(2), (3), and (4).
(c) If a household includes two or more
persons regularly living together that are related by blood, marriage, or by
operation of law, the majority interest restriction shall apply to all
household members.
Notes
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