HRS §206E-282
Ninety-nine year leasehold program for affordable condos
This section creates a program to sell low-cost, leasehold condominium units to Hawaii residents on state land in an urban redevelopment area. The program is limited to one project on non-ceded land, chosen by the authority.
developershomebuyersstate agencies
The statute, as written — Ninety-nine year leasehold program
(a) There is established the ninety-nine year leasehold program for the purpose of providing low-cost, leasehold residential condominium units for sale to Hawaii residents on state-owned lands within an urban redevelopment site. (b) The program shall be limited to one project on non-ceded lands within an urban redevelopment site, which shall be selected by the authority.
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