HRS §356D-14
Managing federal housing money outside the state treasury
This section lets the housing authority keep federal housing program money in its own accounts instead of the state treasury. The authority must invest that money only in allowed investments, following state rules.
state agencies
The statute, as written — Federal funds outside of state treasury
Notwithstanding chapter 38, the authority may establish and manage federal funds outside of the state treasury to be used for federal housing programs. The authority shall invest the funds in permitted investments in accordance with chapter 36.
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