[§201G-114.5] Authority to modify and amend development agreements with eligible developers. [Section effective until June 30, 2006. For section effective July 1, 2006, see below.] The corporation shall have the power and authority to amend, delete, restate, and otherwise modify the terms, conditions, plans, specifications, and all other matters relating, directly or indirectly, to any housing project that was previously approved by the housing finance and development corporation, including, without limitation, the terms, covenants, and conditions of any development agreement for a housing project between the housing finance and development corporation and an eligible developer. [L 2005, c 198, §2]

§201G-114.5 Authority to modify and amend development agreements with eligible developers. [Section effective July 1, 2006. For section effective until June 30, 2006, see above.] The administration shall have the power and authority to amend, delete, restate, and otherwise modify the terms, conditions, plans, specifications, and all other matters relating, directly or indirectly, to any housing project that was previously approved by the housing finance and development corporation, including, without limitation, the terms, covenants, and conditions of any development agreement for a housing project between the housing finance and development corporation and an eligible developer. [L 2005, c 198, §2 and c 196, §21]

The reference to the "housing finance and development corporation" in text was renamed as the housing and community development corporation of Hawaii by L 1997, c 350. Effective July 1, 2006, the functions under this section are transferred to the Hawaii housing finance and development administration by L 2005, c 196, §21.