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Chapter 516

79 sections

§516-1 Definitions for land lease and housing rules

§516-2 Which lands this law covers

§516-3 Lease terms cannot take away your rights

§516-4 Lease rights override contrary trust and estate terms

§516-5 Penalty for breaking this law

§516-6 Who runs this housing law

§516-7 Hawaii Housing Finance and Development Corporation's Duties

§516-8 Interested members, officers, or employees

§516-9 Quitclaim deeds from the corporation

§516-21 When this law applies to housing developments

§516-22 When the state can buy land from homeowners for leaseholders

§516-23 Time limit for taking land by eminent domain

§516-24 How much owners get paid for leased houselots

§516-24.5 Land exchanges for housing development

§516-25 What property the state gets when it buys the land

§516-26 Sharing of compensation paid by the corporation

§516-27 Compulsory or involuntary conversion

§516-28 Rules for buying or leasing residential lots

§516-29 Public notice required before selling or leasing residential lots

§516-30 Buying the land under your leased home

§516-31 Leasing residential lots in development tracts

§516-32 Housing agency must not make a profit

§516-33 Who can buy a residential houselot

§516-33.5 Deposits required from leaseholders buying their lots

§516-34 State loans for buying your leasehold lot

§516-35 Restrictions on selling or leasing state-financed residential lots

§516-35.1 Who can buy foreclosed housing corporation properties

§516-40 Bonds as legal investments

§516-41 Tax exemption for housing corporation property and bonds

§516-42 How the housing corporation can invest reserve funds

§516-43 Security for funds the housing corporation deposits

§516-45 State borrowing to buy land for housing programs

§516-51 Negotiating with the landlord before condemnation

§516-56 Who is involved in an eminent domain trial

§516-61 When this law applies to your lease

§516-62 No discrimination in renting residential lots

§516-63 Lease assignments without landlord approval

§516-64 Landlord must warn before canceling lease

§516-65 Tenant's right to extend a lease to 55 years

§516-66 How rent is set for a lease extension

§516-67 Notice to tenants before asking for a zoning change

§516-68 Rights to self-organization; remedies

§516-69 Landlord must give notice before selling the land

§516-70 What happens to buildings you added when a land lease ends

§516-71 Lease disclosure and buyer review rights for leasehold home sales

§516-72 Penalty for failing to give required disclosures

§516-73 Standard form for summarizing lease terms

§516-82 If one part is invalid, the rest still stands

§516-83 Why the state can help long-term renters buy their land

§516-91 Definitions for the loan programs

§516-95 Rules for eligible loans and property

§516-101 Rules for issuing revenue bonds for acquisition loans

§516-102 How revenue bonds are paid back and secured

§516-103 Revenue bond interest, pricing, and sale rules

§516-104 How the corporation can invest and buy back its revenue bonds

§516-107 Choosing and duties of the trustee for revenue bonds

§516-108 Rules for trust indentures in housing bond programs

§516-111 Setting up special funds for acquisition loan programs

§516-121 Rules for the state's home loan buying programs

§516-122 Corporation's powers for acquisition loan programs

§516-123 Loan terms must cover program costs and bond payments

§516-124 Fees for acquisition loan programs

§516-125 Lenders must prove loans came from bond money

§516-131 Loans to mortgage lenders program

§516-132 Loan security for mortgage lenders program

§516-141 Buying existing loans from lenders

§516-151 Advance commitments to buy eligible loans

§516-161 How the corporation funds eligible loans

§516-171 Loan servicing and custody contracts

§516-172 Loans; sale, pledge, or assignment

§516-173 Insurance and guarantees for loans

§516-174 What the corporation can do when a loan is not paid

§516-181 What property rights you get when buying the land under your house

§516-182 Restrictions on sale and use of residential lots acquired from eligible loan proceeds

§516-186 How this part relates to other laws

§516-201 Limits on rights for sustainable affordable leases

§516-202 Certifying a Sustainable Affordable Development for Tax Exemption

§516-203 Keeping buyer qualification records for affordable leases

§516-204 University of Hawaii at Manoa sustainable affordable development