Section S8-11 - Signing bonus payments(a) The authority may pay a landlord or owner a signing bonus equal to one month of the contract rent.(b) The authority shall only pay the landlord or owner the signing bonus after the execution of a HAP contract between the landlord or owner and the authority.(c) A landlord or owner that elects to receive a signing bonus payment shall not receive at the same time a vacancy loss reimbursement as set forth in section S8-13.(d) The authority may reduce the maximum possible payment or suspend or terminate the signing bonus incentive based on the amount of funding available for this incentive.Eff 3/16/2023 (Auth: HRS § 356D-13, SLH 2022, Act 287, §2) (Imp: SLH 2022, Act 287, §2)