MCC §3.32.020
Purpose of the housing interim financing and buy-back revolving fund
Read the official text at library.municode.com ↗This section says that money the County gets from banks for housing loans or buying back homes must go into a special fund. It explains what the fund is for, but does not set any rules or deadlines.
counties
The ordinance, as written (Maui County) — Purpose
A copy, taken August 21, 2026. The version published by Maui County is the one that governs, and it may have changed since. Check it before relying on anything here.
There shall be deposited into the housing interim financing and buy-back revolving
fund all moneys received by the County from banking institutions for the purpose of
providing interim financing for county housing projects pursuant to the authorization
granted in this chapter to the director of finance, and for the purpose of purchasing
housing units pursuant to repurchase options and other buy-back provisions granted
to the County under agreements with homeowners under the County's housing program
and projects or under any agreement granting such rights to the County.
(Ord. 934 § 1 (part), 1979: prior code § 5-10.2)
Read the official text at library.municode.com ↗as published Nov 21, 2025our copy taken Aug 21, 2026
Published by the County of Maui through Municode.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.