Haw. Code R. § 15-24-47 - Preferences and priorities in granting loans

Current through February, 2022

In granting loans, the authority may grant preference to small businesses, first, that are displaced as a result of governmental action, second, that are displaced as a result of private redevelopment action approved by the authority and third, that are displaced for other reasons. The authority shall also be guided by the specific condition and needs of the business, including the degree of financial hardship that relocation would place on the business and its possible inability to obtain a conventional loan for this purpose from other financial institutions or governmental agencies.

Notes

Haw. Code R. § 15-24-47
[Eff 2/11/91] (Auth: HRS §§ 206E-4, 206E-10.5) (Imp: HRS §§ 206E-4, 206E-10.5)

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