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HI HB2293
Bill
Status
6/30/2016
Primary Sponsor
Joseph Souki
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AI Summary
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Authorizes the Hawaii Housing Finance and Development Corporation to develop mixed-use developments containing affordable residential dwelling units combined with governmental, educational, commercial, cultural, institutional, or industrial uses.
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Expands the corporation's authority to partner with any state or county department or agency (not limited to the department of education and department of accounting and general services) for planning facilities and infrastructure as part of housing projects.
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Modifies the definition of allowable commercial and industrial uses to include those that can "enhance" (not just "preserve") the lifestyles of residents, and applies this to residents (not just purchasers) of developments.
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Removes the requirement that commercial or industrial property ownership be separated from residential property ownership, and eliminates the provision requiring property displaced owners to receive cost-based sales or leases.
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Takes effect July 1, 2016.
Legislative Description
Hawaii Housing Finance and Development Corporation; Mixed-use developments
Last Action
Act 131, on 06/29/2016 (Gov. Msg. No. 1233).
6/30/2016