§431:22-103 - Establishment of loss mitigation grant program. - Hawaii Statutes

     [§431:22-103]  Establishment of loss mitigation grant program.  The commissioner shall develop and implement a pilot grant program to encourage the installation of wind resistive devices.  The commissioner may spend up to $6,000,000 from the loss mitigation grant fund over three years for the grant program, which amounts shall include the costs of administering, operating, and marketing the grant program.

     For the first year of the grant program, the commissioner may make grants only to former policyholders of the Hawaii hurricane relief fund.  From the second year onward, the commissioner may also make grants to all single or multi-family residential owners, which may include owners of townhouse units or condominium apartments under section 431:22-104(c)(3). [L 2002, c 179, pt of §3]