This Chapter establishes a loan program for the financing of multifamily rental housing units by utilizing revenue bonds. Such revenue bonds shall be authorized and issued pursuant to Sections 46-15.1 and 46-15.2 and Chapter 49, Hawai'i Revised Statutes.
(Ord. No. 654, May 17, 1994)
The Housing Administrator of the Kaua'i County Housing Agency is hereby authorized and directed, under and pursuant to and upon compliance with Part II, Chapter 201E, Chapter 91 and Chapter 92, Hawai'i Revised Statutes, as amended, and the Charter of the County of Kaua'i, to adopt from time to time rules and regulations for the multifamily rental housing program for the County authorized hereby. Said rules and regulations shall further the purposes of the multifamily rental housing program of the County and consistent with the purposes of Part II, Chapter 201E, Hawai'i Revised Statutes, as amended, and of this ordinance. Such rules and regulations shall have the force and effect of law. The Housing Administrator shall file in the office of the County Clerk not less than four copies of such rules and regulations.
(Ord. No. 654, May 17, 1994)