The purpose of this chapter is to implement Act 92, Session Laws of Hawaii 2023, which permits the corporation to establish a dwelling unit revolving fund equity pilot program, which shall be funded by the dwelling unit revolving fund, to address the high, unmet demand of for-sale units by Hawaii residents. Under the program, until June 30, 2028, the corporation may purchase equity in for-sale housing development projects, subject to the conditions set forth in Act 92, Session Laws of Hawaii 2023, and this chapter.
Haw. Code R. § 15-309-1