SB 159 exempts specific housing developments from school impact fees, which are typically charged to new construction to fund school infrastructure. The bill directly affects qualifying housing projects (like apartment complexes or subdivisions) by removing a financial requirement they would otherwise owe to local school districts. This change modifies how school impact fees are applied, eliminating the assessment for the designated developments without altering broader fee structures. The bill is currently in the early stages of the legislative process.
Requires the Department of Business, Economic Development, and Tourism, to establish a comprehensive action plan under the "Yes In My Back Yard" Working Group to establish a local housing market in Hawaii. Appropriates funds. Effective 7/1/2050. (SD2)
HB 1756 updates the Individual Housing Account Program statute to adjust how down-payment costs are calculated, ensuring the program reflects current housing market prices. This change directly affects individuals using the program to save for home purchases by aligning eligibility and contribution requirements with present-day housing costs. The bill modifies the statutory formula used to determine down-payment assistance amounts, removing outdated cost references to better serve participants. (3 sentences)
Requires the Statewide Office on Homelessness and Housing Solutions to establish a permanent Return-to-Home Program to return homeless individuals in the State to families and relatives in their home states. Requires the Office to report to the Legislature. Appropriates funds.
Provides the amount of recovery for tenants who prevail in civil suits for a landlord's violation of the Residential Landlord-Tenant Code concerning a dwelling unit within an area that was a federally declared disaster area as of 8/8/2023. Provides for reasonable attorneys' fees and recovery for the cost of the suit. Effective 7/1/2050. (SD1)
Authorizes the Hawaii Housing Finance and Development Corporation to allow projects to grant preferences in the sale or lease of housing units to applicants who live or work within five miles of the project. Takes effect 7/1/2050. (SD1)
Establishes the Supportive Housing Special Fund. Restructures the conveyance tax to a marginal rate system and adjusts the tax for multifamily properties to reflect value on a per-unit basis. Allocates revenues from conveyance tax collections to the Supportive Housing Special Fund. Allocates a portion of conveyance tax collections to the Dwelling Unit Revolving Fund to fund infrastructure programs in county-designated transit-oriented development areas that meet minimum standards of transit-supportive density. Effective 7/1/3000. (HD2)
SB 843 establishes the Kupuna Home Equity Conversion Mortgage Program through Hawaii's Housing Finance and Development Corporation. The program allows Hawaii seniors (referred to as "kupuna," meaning elders) who own homes to convert their home equity into income without selling their property. Key provisions include creating a state-administered mortgage option specifically for older homeowners seeking financial support. This bill directly affects eligible Hawaii seniors with home equity, providing a new tool to access funds while remaining in their homes.
Requires state agencies that administer agricultural leases, licenses, development programs, or procurement involving agricultural products to award points or preferences to agricultural projects incorporating agricultural workforce housing. Requires the Department of Agriculture and Biosecurity to submit a report to the Legislature. Effective 7/1/3000. (HD2)
Allocates ten per cent of conveyance tax collections to the Dwelling Unit Revolving Fund. Removes the annual cap on conveyance taxes paid into the Rental Housing Revolving Fund.
