(a) The director shall adopt rules pursuant to HRS Chapter 91 to implement, administer, and enforce this chapter.
(b) At a minimum, the director shall adopt rules to:
(1) Regulate the resale of affordable dwelling units under § 29-1.5 to ensure the units remain within the same AMI range, as adjusted from time-to-time; and
(2) Establish an affordable housing compliance monitoring program, to be administered by a third party, to manage and implement the for-rental and for-sale affordable dwelling units created in compliance with this chapter, for purposes of ensuring compliance with affordability requirements and periods. At a minimum, the affordable housing compliance monitoring program must address the performance of the following functions:
(A) Maintenance of an affordable housing database;
(B) Compliance investigations;
(C) Responses to inquiries; and
(D) Income verifications.
(Added by Ord. 18-10)