BIL 018 Draft 01 2022-2024 - Laserfiche WebLink

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i which the occupants of affordable units shall be selected Applicants shall be ranked based on the preferences established in subsection(c),unless otherwise prohibited byagrantor to the County. Selection of applicants shall be made first by preference ranking if applicable and then based on the date of their application within the set of similarly ranked applicants The eligibility d preference status of an applicant shall be validated by the administrator prior to occupancy of an affordable unit (b) Eligibility requirements. (1) The applicant and their spouse if applicable do not independently or jointly, unless separated and livingaapart under a decree from a court of competent jurisdiction, own a majority interest of more than fifty percent in fee simple and/or leasehold any real estate property, that is suitable for dwelling purposes or lands under any trust agreement or other fiduciary arrangement in which another person holds legal title to such land. (2) The administrator may allow households with incomes up to twenty percent greater than the income on which the maximum sales price was based to be qualified to purchase a unit. (3) The administrator may establish additional eligibility criteria in administrative rules adopted pursuant to chapter 91 Hawaii Revised Statutes. (c) Preference for rental or purchase of County-funded affordable units (1) Preference for the rental or purchase of affordable units shall be given as follows: (A) For up to ten percent of County-funded affordable units first preference shall be given to income eligible employees of the County or State of Hawaii• {B) Second preference shall be given to income eligible qualified residents; (C) Third preference shall be given to income eligible qualified returning students; and (D) Fourth preference shall be given to income eligible qualified workers. (2) For affordable units offered for sale within each of the categories established in paragraphs (c)(1 ((AA)through(D) preference shall be given to applicants who are income eligible qualified residents based on the length of time they have resided in the County of Hawaii prior to gpplying to purchase affordable housing with the office of housing and community development." SECTION 3. Material to be repealed is bracketed and stricken. New material is underscored. In printing this ordinance, the brackets,bracketed and stricken material, and underscoring need not be included. 2