HRS §201H-106
Loan funding programs
This section lets the housing corporation work with mortgage lenders to fund certain home and improvement loans, and it can also make project loans directly or through lenders. Any lender contract may include terms the corporation needs to protect its revenue bonds.
landlordstenants
The statute, as written — Loan funding programs
(a) The corporation may contract with mortgage lenders to fund eligible loans and eligible improvement loans and may directly make or contract with mortgage lenders to fund eligible project loans. (b) Any contract in subsection (a) with a mortgage lender may contain provisions as determined by the corporation to be necessary or appropriate to provide security for its revenue bonds.
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