ROH §6-32.1

Maximum interest rate for city urban renewal project notes

Read the official text at honolulu.gov ↗

This section sets a cap on the interest rate for notes the city issues to help pay for urban renewal projects. The rate cannot be more than 10 percent per year. This applies even if other city rules would allow a higher rate.

developersfinancial institutions

The ordinance, as written (Honolulu County) — Maximum interest rate

A copy, taken August 22, 2026. The version published by Honolulu is the one that governs, and it may have changed since. Check it before relying on anything here.

Any ordinance to the contrary notwithstanding, project notes to aid in financing urban renewal projects of the city to be authorized for issuance and sale under HRS Chapter 53 shall bear interest at a coupon or stated rate or rates not exceeding 10 percent a year. )

Read the official text at honolulu.gov ↗as published Jan 1, 2026our copy taken Aug 22, 2026

Published by the City and County of Honolulu through American Legal Publishing.

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