Haw. Code R. § 15-218-31 - Sale and rental of reserved housing and workforce housing units
(a) The authority may advertise the sale or
rental of reserved housing and workforce housing units and qualify and select
persons for reserved housing and workforce housing units. It may also permit
the developer of such units, or the developer's designated representative, to
be responsible for advertising, qualifying, and selecting persons subject to
the provisions of this chapter.
(b)
Applications for the purchase or rental of reserved housing and workforce
housing units shall be accepted on a first-come, first-served or on a lottery
basis. The applications shall be submitted in person by the applicant. Only
completed applications shall be acceptable. Applicants shall not be required to
submit a deposit amount exceeding $500.
(c) Notice of the proposed sale or rental of
reserved housing and workforce housing units shall be published in a newspaper
of general circulation on two separate days. The notice shall include but not
be limited to the following:
(1) General
description of the project in which the reserved housing or workforce housing
units are located including its location, number of reserved housing or
workforce housing units, size of the reserved housing or workforce housing
units by number of bedrooms, and sales prices or rental rates;
(2) Qualification requirements for purchase
of reserved housing or workforce housing units including maximum income limits,
restrictions on ownership of property, the authority's first option to purchase
and shared equity requirements for reserved housing or workforce housing units
for sale, and occupancy guidelines;
(3) A statement that buyers or renters shall
be selected on a first-come, first-served or on a lottery basis, whichever is
applicable;
(4) Where and when
applications may be obtained and the first date, including time and place, when
applications will be accepted, and subsequent dates, times, and places for
submission of applications;
(5)
Deadline for submission of applications; and
(6) In the case of a reserved housing unit
and workforce housing for sale, the deposit amount and mode of acceptable
payment.
The time period between publication of the notice and the first acceptance of applications shall not be less than fourteen business days. The period shall be computed from the first day of publication of the notice.
(d)
Priority shall be given to applicants who have been displaced from housing
within the Kakaako community development district as a result of redevelopment
in the mauka area within a five-year period.
(e) Applicants shall be allowed to select a
reserved housing or workforce housing unit based on maximum income limits,
qualifying income, preference, occupancy guidelines, and availability of the
reserved housing or workforce housing unit.
(f) In the event the developer, or the
developer's designated representatives have accepted and processed applications
and selected applicants for reserved housing or workforce housing units, a
certification shall be submitted to the authority that the selection was made
on a first-come, first-served or a lottery basis. Applicants shall be listed in
the order in which the applications were accepted, and the list shall be
available for inspection by the authority. The final applications for those
persons selected shall be made available to the authority and the authority
shall review the applications to ensure that the applicants meet the
eligibility requirements established under this chapter.
(g) Reserved housing and workforce housing
applicants shall provide financial and family information with the reserved
housing or workforce housing application.
(h) The authority may also require applicants
to provide documentation to verify information submitted to the authority,
including but not limited to:
(1) Asset
verification;
(2) Verification of
deposit;
(3) Verification of
employment; and
(4) Credit bureau
report. An applicant found to have willfully submitted false information, made
misstatements, or withheld important information shall be disqualified from
purchasing or renting a reserved housing or a workforce housing unit under this
chapter. The authority retains its right to recover any money wrongfully gained
by the applicant or to any other recourse provided by law.
Notes
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