HRS §206E-112

Loan terms must cover program costs and bond payments

Read the official text at capitol.hawaii.gov ↗

This section says that loans made under the reserved housing loan programs must have interest rates, fees, and other terms high enough to cover the costs of running the program and to pay back the money borrowed through revenue bonds when it is due.

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The statute, as written — Reserved housing loan programs; self supporting

A copy, taken August 20, 2026. The version published by the Legislature is the one that governs, and it may have changed since. Check it before relying on anything here.

The interest rate, fees, charges, premiums, and other terms of the loans made under the reserved housing loan programs shall be at least sufficient to pay the cost of administering and maintaining the portion of the specific reserved housing loan programs for which the revenue bonds have been issued, and to assure payment of the principal of and interest on the revenue bonds as they become due.

Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.