HI HB754

Establishes a minimum monthly rent of $250 for state low-income housing units and requires the Hawaii public housing authority to create a minimum rent schedule organized by number of bedrooms and project type.

Requires annual adjustment of minimum rents based on the percentage increase in the national average wage index (as calculated by the U.S. Social Security Administration) over the prior year.

Exempts the minimum rent requirement if its application would disqualify the authority from receiving federal funds or aid.

Clarifies tenant selection preferences to give first preference to veterans with a permanent disability of 10% or more, their dependent parents, and the surviving spouse of a deceased veteran.

Makes minor grammatical and stylistic corrections to existing housing authority statutes.