Establishes the Mixed-Income Subaccount within the Rental Housing Revolving Fund to prioritize development of workforce rental and for-sale housing projects for qualified residents. Requires the Hawaii Housing Finance and Development Corporation to adopt administrative rules. Appropriates moneys. Effective 7/1/2050. (SD2)
Clarifies that a partner or member that is a partnership or limited liability company that has been allocated a low-income housing tax credit may either further allocate the credit or transfer, sell, or assign all or a portion of the credit to any taxpayer. Extends the sunset date of Act 129, SLH 2016, relating to the low-income housing tax credit, until 12/31/2032. Effective 7/1/3000. (HD1)
Establishes an Agricultural Workforce Housing Working Group within the Department of Agriculture to address the shortage and challenges of agricultural workforce housing in the State. Requires reports to the Legislature. Appropriates funds. Effective 7/1/2050. (SD1)
Extends the Dwelling Unit Revolving Fund Equity Pilot Program to 6/30/2030. Gives preference to for-sale housing development projects developed under governmental assistance programs approved by the Hawaii Housing Finance and Development Corporation. Effective 7/1/3000. (HD1)
Requires the Hawaii Housing Finance and Development Corporation or a county to accept a complete application seeking certain exemptions within 30 days. Requires HHFDC to process an application and bring it before the Corporation's Board of Directors within 120 days of accepting the application. Requires county agencies to process an application and bring it before the county's legislative body within 120 days of accepting the application. Effective 7/1/3000. (HD1)
Authorizes a county to reduce the aggregate zoned residential capacity within the county only if the county offsets that reduction by increasing zoned residential capacity elsewhere in the county, such that there is no net loss in residential capacity in the county. Effective 7/1/3000. (HD1)
Removes the prohibition against qualified residents for Hawaii Housing Finance and Development Corporation-approved projects holding a majority interest in land and removes the requirement that qualified residents demonstrate financial viability or ability to pay rent. Amends exemptions from statutes, ordinances, charter provisions, and rules for certain housing projects developed by the Corporation that satisfy certain conditions, including requirements related to employment, owner-occupancy, and deed restrictions. Effective 7/1/3000. (HD1)
This bill prohibits counties from requiring minimum parking spaces for certain developments starting July 1, 2027. The law applies to local governments that currently enforce parking mandates for new construction projects. The restriction remains in effect until July 1, 3000, giving it a very long-term duration. The measure aims to give developers more flexibility in designing parking solutions without being forced to meet specific minimum requirements.
SB 2378 clarifies insurance requirements for single-family and multi-family housing projects to enable faster county permitting. Developers would need to meet specific, clear insurance standards to qualify for expedited review of construction permits. The bill directly affects housing developers and builders seeking quicker approvals for new projects or renovations. It replaces vague insurance rules with defined requirements to streamline the permitting process.
Prohibits real estate brokers from listing or offering the sale or lease of residential real estate to a limited or exclusive group of prospective buyers, real estate brokers, or real estate salespersons, with limited exceptions. Deems the practice an unfair or deceptive trade or practice subject to penalties and grounds for discipline. Effective 7/1/2050. (SD1)
