Hawaii Administrative Rules
Title 17 - DEPARTMENT OF HUMAN SERVICES
Hawaii Public Housing Authority
Chapter 2017 - ASSISTANCE TO DISPLACED PERSONS
Section 17-2017-11 - Replacement housing payment to owner-occupants for less than one year but not less than ninety days who purchase
Universal Citation: HI Admin Rules 17-2017-11
Current through August, 2024
(a) A displaced owner-occupant of a one, two, or three family dwelling, acquired by the State, who does not qualify for a replacement housing payment under section 17-2017-9 is eligible for a replacement housing payment in accordance with section 111-4(b), HRS; provided that the owner-occupant purchases a comparable dwelling not later than one year subsequent to the date on which the owner-occupant was required to move.
(b) The payment, not to exceed $4,000, is the amount, if any, which is necessary to make a downpayment on a replacement dwelling.
(1) The
determination of the amount necessary for a downpayment shall be based on the
amount a relocatee would have had to pay if the purchase of a comparable
dwelling was financed with a conventional loan.
(2) This payment shall not exceed the amount
which the owner-occupant would have received had the owner-occupant been
eligible for a payment under section
17-2017-9.
(3) If the owner-occupant is otherwise
qualified for payment under this section but has previously received a payment
under section
17-2017-9,
the amount of such payment previously received shall be deducted from the
amount the owner-occupant is entitled to under this section. In no event shall
the combined total payment exceed $4,000.
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