Section 17-526-14 - Criteria for selection of proposals(a) The authority may choose to negotiate and contract with any one of the eligible developers or contractors whose proposals shall be deemed by the authority to best fulfill the purpose described in § 359-51, HRS. In all cases, proposals must be in concert with the authority's elderly housing study, as defined in § 359-52, HRS", and as mandated in § 359-53, HRS. After such determination, the authority shall give preferential weight in accepting a proposal if such proposal shall provide for: (1) A proposal which will best meet the needs of the elderly requiring assistance in obtaining housing;(2) A proposal which will apprise the community, in which the dwelling units are to be constructed, of the nature of the proposed project by inviting community reaction and participation;(3) Housing projects priced at a level such that an economically feasible rent appropriate for the elderly can be achieved;(4) Design innovations that are likely to set a pattern for reduced cost of housing construction; and(5) Other factors as deemed appropriate to the nature or involvement of the authority, including project adherence to Department of Housing and Urban Development (HUD) manual HUD pg. 46 ("Minimum Property Standards, Housing for the Elderly").(b) Proposals shall be submitted in accordance with § 17-525-13(c).[Eff: OCT 05 1981] (Auth: HRS § 259-54) (Imp: HRS § 359-54)