HRS §201H-34.5
Authority to modify and amend development agreements with eligible developers
This section lets the housing corporation change or update any part of a previously approved housing project, including the development agreement with an eligible developer. It covers terms, conditions, plans, and specifications. The corporation can amend, delete, restate, or otherwise modify these items.
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The statute, as written — Authority to modify and amend development agreements with eligible developers
The corporation is authorized to amend, delete, restate, and otherwise modify the terms, conditions, plans, specifications, and all other matters relating, directly or indirectly, to any housing project that was previously approved by the corporation, including the terms, covenants, and conditions of any development agreement for a housing project between the corporation and an eligible developer.
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