Establishes a grant program for small housing providers in Hawaii to fund property renovations and repairs.
Hawaii HB1470 establishes a Small Housing Provider Grant Program within the Hawaii Housing Finance and Development Corporation. This program provides grants to eligible property owners of multi-family buildings with two to fifty rental units. Eligible property owners must have an income at or below 150% of the median family income as determined by the United States Department of Housing and Urban Development. Grants can be used for property renovations, repairs, and addressing hazardous and unsafe living conditions.
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