Informing the Legislature that on June 3, 2025, the Governor signed the following bill into law: HB1409 HD1 SD1 CD1 (ACT 159).

This bill (HB1409) creates a temporary five-year mixed-income housing subaccount within Hawaii's rental housing revolving fund to support projects in transit-oriented development areas near public transit hubs. It requires county development boards to consider infrastructure needs when approving higher-density housing near transit and mandates each county to define specific transit-oriented development zones in its strategic plan. The policy directly affects developers building near transit, county planning departments, and low- and moderate-income residents seeking affordable housing options. These changes aim to increase housing supply near transit, reduce car dependency, and support Hawaii's climate and equity goals.