Section 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. [Eff OCT 25 1999] (Auth: HRS § 2016-4, 2016-243) (Imp: HRS §§ 2016-242, 2016-243)