Current through November, 2024
Section 15-164-11 - Rental assistance revolving fund(a) The corporation shall administer the rental assistance revolving fund established pursuant to section 2016-223, HRS.(b) Subject to the restrictions in section 2016-223, HRS, the corporation may use the aggregate principal sum and the accumulated earnings in the rental assistance revolving fund to make payments under the rental assistance contracts or to subsidize tenants' rents in projects developed by the corporation under part III of chapter 2016, HRS.[Eff OCT 25 1999] (Auth: HRS § 2016-225) (Imp: HRS § 2016-225)