Hawaii Administrative Rules
Title 17 - DEPARTMENT OF HUMAN SERVICES
Hawaii Public Housing Authority
Chapter 2017 - ASSISTANCE TO DISPLACED PERSONS
Section 17-2017-10 - Replacement housing payment to owner-occupants who rent
Universal Citation: HI Admin Rules 17-2017-10
Current through August, 2024
(a) A displaced owner-occupant of a one, two, or three family dwelling, 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 owner-occupant has rented a comparable dwelling not later than one year subsequent to the date on which the owner-occupant was required to move.
(b) The payment shall be the lesser of the following amounts but not to exceed $4,000:
(1) A sum equal to the difference, if any,
between the cost of renting a comparable dwelling for the next two years and
twelve percent of the acquisition price of the property taken; or
(2) The amount which the owner-occupant would
have received had the owner-occupant elected to receive a replacement housing
payment under section
17-2017-9.
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