Haw. Rev. Stat. § 206E-282: [ § 206E-282] Ninety-nine year leasehold program.

[ § 206E-282] Ninety-nine year leasehold program. (a) There is established the ninety-nine year leasehold program for the purpose of providing low-cost, leasehold residential condominium units for sale to Hawaii residents on state-owned lands within an urban redevelopment site.

(b) The program shall be limited to one project on non-ceded lands within an urban redevelopment site, which shall be selected by the authority.