Haw. Rev. Stat. § 201H-93
This is the official text of Haw. Rev. Stat. § 201H-93, part of Hawaii’s Rev. Stat — part of the compiled statutory law of Hawaii, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Eligible borrowers.
Official statutory text
(a) The corporation shall establish the qualifications of the eligible borrower, and may consider the following:
(1) The proportion of income spent for shelter;
(2) Size of the family;
(3) Cost and condition of housing available to the total housing market; and
(4) Ability of the person to compete successfully in the normal housing market and to pay the amounts on which private enterprise is providing loans for safe, decent, and sanitary housing in the State.
(b) The family income of an eligible borrower shall not exceed the income requirements of section 143(f) of the Internal Revenue Code of 1986, as amended.
(c) For the purpose of determining the qualification of an eligible borrower for an eligible improvement loan:
(1) The dwelling unit for which the eligible improvement loan is to be made and the property on which the dwelling unit is situated shall not be included in the calculation of the eligible borrower's assets; and
(2) The mortgage secured by the dwelling unit and property shall not be included in the calculation of the eligible borrower's liabilities.
(d) For the purpose of determining the qualification of an eligible borrower for an eligible loan for a targeted area residence:
(1) The dwelling unit being replaced and the property on which the dwelling unit is situated shall not be included in the calculation of the eligible borrower's assets; and
(2) The mortgage secured by the dwelling unit and the property shall not be included in the calculation of the eligible borrower's liabilities. [L 2006, c 180, pt of §4]
(1) The proportion of income spent for shelter;
(2) Size of the family;
(3) Cost and condition of housing available to the total housing market; and
(4) Ability of the person to compete successfully in the normal housing market and to pay the amounts on which private enterprise is providing loans for safe, decent, and sanitary housing in the State.
(b) The family income of an eligible borrower shall not exceed the income requirements of section 143(f) of the Internal Revenue Code of 1986, as amended.
(c) For the purpose of determining the qualification of an eligible borrower for an eligible improvement loan:
(1) The dwelling unit for which the eligible improvement loan is to be made and the property on which the dwelling unit is situated shall not be included in the calculation of the eligible borrower's assets; and
(2) The mortgage secured by the dwelling unit and property shall not be included in the calculation of the eligible borrower's liabilities.
(d) For the purpose of determining the qualification of an eligible borrower for an eligible loan for a targeted area residence:
(1) The dwelling unit being replaced and the property on which the dwelling unit is situated shall not be included in the calculation of the eligible borrower's assets; and
(2) The mortgage secured by the dwelling unit and the property shall not be included in the calculation of the eligible borrower's liabilities. [L 2006, c 180, pt of §4]
Status: in_force · Read it on the official government site
Need a lawyer in Hawaii?
Find a Hawaii lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.