Current through September, 2024
Section 17-2017-13 - Replacement housing payment to tenant-occupants for not less than ninety days who rent(a) A displaced tenant of property acquired by the State who elects to rent, is eligible for a replacement housing payment in accordance with section 111-4(b), HRS; provided that the tenant has rented and occupied a comparable dwelling not later than one year subsequent to the date on which he was required to move.(b) The payment shall be determined by subtracting from the actual amount necessary to rent a comparable dwelling for the next two years the following amount: (1) Twenty-four times the average monthly rental paid by the relocated individual or family during the last six months if such rental is reasonable, or the average rent, if reasonable, during the time of occupancy if such occupancy is less than six months, prior to being required to move; or(2) If such rent is not reasonable, twenty-four times the economic rent established by the state agency for the dwelling unit.Haw. Code R. § 17-2017-13
[Eff NOV 15 2004] (Auth: HRS §§ 111-4, 111-9) (Imp: HRS §§ 111-4, 111-9)