HI SB916

Requires the Hawaii Community Development Authority (HCDA) to adopt rules mandating reserved housing and workforce housing in community development projects, with these rules superseding inconsistent ordinances.

Establishes affordability requirements where reserved housing units must have at least 50 percent set aside for low-income households (defined as no greater than 80 percent of area median income for Honolulu).

Creates workforce housing designation for developments where 75 percent of residential units are set aside for low- or moderate-income households, with moderate income defined as no greater than 100 percent of area median income for rental units.

Requires the HCDA to adopt rules establishing rental rates for reserved and workforce housing units that are affordable to low- or moderate-income households, with rental rates fixed for a minimum of 30 years.

Amends the definition of reserved housing from eligibility-based to require 20 percent of residential units in each separate project building be set aside for low- or moderate-income households in HCDA developments.