Current through November, 2024
Section 15-308-41 - Marketing and sale of dwelling units(a) Affordable units developed under chapter 201H, HRS, shall be marketed and sold to eligible purchasers as set forth in this subchapter.(b) Units completed or substantially completed shall be sold under the provisions of sections 201H-45 through 201H-50, HRS, including repurchase restrictions and the shared appreciation equity program restrictions as set forth in subchapters 7 and 8 of this chapter, as applicable.(c) Units shall be sold in accordance with all applicable state and federal fair housing laws.(d) Applications may be accepted from an applicant for more than one project sponsored or assisted by the corporation, provided that upon execution of a binding contract for any affordable dwelling unit, the applicant must withdraw all other applications.[Eff 1/15/2022] (Auth: HRS § 201H-4) (Imp: 24 CFR Part 108; 24 CFR Part 200, Subpart M; HRS §§ 201H-45, 201H-47, 515-3; HRS Chapter 514A)[Am and comp 12/10/2022] (Auth: HRS Chapter 514B)