HRS §201C-3
Where the money for the financial help program comes from
This section says the state legislature decides how much money the financial services assistance program gets each year. The money comes from a special state fund. Any loan payments or fees that come back to the program also go into that same fund.
borrowersstate agencies
The statute, as written — Financial assistance program; source of funds
(a) All moneys to carry out the purposes of the financial services assistance program under this chapter shall be allocated by the legislature through appropriations out of the Hawaii capital loan revolving fund established pursuant to section 210 - 3. The department shall include in its budgetary request for each upcoming fiscal period, the amounts necessary to effectuate the purposes of this section. (b) All moneys received in repayment of loan principal, payment of interest, or fees, under this chapter shall be deposited to the credit of [the] Hawaii capital loan revolving fund established pursuant to section 210 - 3.
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