This bill requests the Office of Planning and Sustainable Development to work with state and local agencies to evaluate how much infrastructure capacity exists around transit-oriented development areas in Honolulu. The assessment will focus on sewer and water systems to determine if current infrastructure can support future growth in neighborhoods near transit stations. The resolution directs the report to be shared with city officials, housing authorities, and transit planners to inform future development decisions. This measure aims to ensure that infrastructure upgrades are planned alongside new construction in areas designated for mixed-use neighborhoods near public transportation.
This bill declares that affordable housing credits issued under Hawaii state law are perpetual assets that remain valid until they are used to fulfill housing obligations, rather than having expiration dates. It directly affects counties and developers by requesting that local administrative agreements and policies do not impose time limits or restrictions on these credits beyond what state statutes authorize. The resolution aims to clarify that memoranda of agreement between counties and housing agencies are meant to facilitate credit management, not to diminish their value or transferability. By seeking alignment with existing state law, the bill intends to protect the financial incentives for developers and ensure a stable pipeline for affordable housing construction.
This bill declares that affordable housing credits issued in Hawaii are perpetual assets that remain valid until they are used to meet housing obligations, rather than expiring after a set period. It directly affects local county governments and developers who rely on these credits to fulfill affordable housing requirements under state law. The resolution clarifies that administrative agreements between counties and housing agencies should not impose expiration dates or other restrictions that are not authorized by existing statutes. By ensuring these credits maintain their full value and transferability, the bill aims to protect the financial incentives for developers and support the state's long-term housing goals.
This bill is a House Resolution that asks the Hawaii Department of Transportation to work with the Hawaii Housing Finance and Development Corporation to form a working group. The group will study whether the state should own or control warehouse and logistics facilities near ports, harbors, and airports to lower material costs for publicly funded housing projects. The working group will examine potential sites, cost savings from centralized storage, bulk purchasing options, and whether any laws need to change to implement these ideas. The group must include representatives from transportation, housing agencies, contractors, and legislative committees, and will submit its findings to the Legislature by early 2027.
Requires developers developing an affordable housing project under the Hawaii Housing Finance and Development Corporation to assist certain tenants who are subject to displacement or eviction by the proposed project by: granting those tenants the right of first refusal of a comparable unit in the housing project or establishing a fund to provide relocation benefits and offer assistance; providing information, either directly or through a contracted service, on how to obtain assistance and exercise the right of first refusal; and establishing procedures to track and maintain communication with those tenants. Establishes consequences for a developer's noncompliance. Takes effect 7/1/2050. (SD1)
Allows tax credits claimed under the State Low-Income Housing Tax Credit Program to be used to offset taxes imposed by the state transient accommodations tax law. Specifies that tax credit amounts applied to state transient accommodations taxes be limited to state transient accommodations taxes imposed in the same county in which the qualified low-income building is located. Makes permanent Act 129, SLH 2016. Applies to taxable years beginning after 12/31/2027. Effective 7/1/3000. (SD1)
Authorizes the Rental Housing Revolving Fund (RURF) to be used to provide any and all forms of financing for the development, pre-development, construction, acquisition, preservation, and substantial rehabilitation of rental housing units. Requires the Hawaii Housing Finance and Development Corporation (HHFDC) to give preference to certain projects with perpetual affordability commitments and to applicants with a demonstrated history of early repayment to the RHRF. Authorizes HHFDC, with the approval of the Director of Finance, to transfer moneys between the RHRF and its subaccounts without further legislative authorization. Requires certain RHRF loans applied for or awarded after 12/31/2026 to be subject to review and renegotiation when any mortgage debt to which the loan is subordinate is refinanced or retired. Authorizes HHFDC to use reserved but unencumbered funds for short‑term projects with certain conditions. Authorizes HHFDC to secure lines of credit, standby bond purchase agreements, or other credit enhancement facilities to provide liquidity for the RHRF in certain circumstances. Authorizes the Director of Finance to transfer moneys from the RHRF to its Mixed-Income Subaccount for FY 2026‑2027. Appropriates funds. Effective 7/1/2050. (SD1)
Authorizes HHFDC to designate certain for-sale units as permanently affordable housing, subject to certain restrictions. Clarifies that certain resale and occupancy restrictions apply only to projects developed prior to a certain date. Amends the definition of "qualified resident" for the purposes of HHFDC housing development programs. Effective 7/1/3000. (SD1)
Repeals the sunset for the State Rent Supplement Program for Kupuna. Appropriates funds to the Hawaii Public Housing Authority for the State Rent Supplement Program for Kupuna and for two positions to support the program. Effective 7/1/2050. (SD1)
Establishes the Teacher Housing Assistance Program to be administered by the Department of Education to provide housing vouchers to certain eligible teachers. Appropriates funds out of the Teachers' Housing Revolving Fund. Effective 7/31/2055. (SD1)