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HI SB2036

Bill

Official Source

Status

Introduced

1/20/2016

Primary Sponsor

Ronald Kouchi

Click for details

Origin

Senate

2016 Regular Session

AI Summary

  • Authorizes the director of finance to issue $5,000,000 in general obligation bonds for fiscal year 2016-2017
  • Appropriates bond proceeds to the county of Kauai for purchasing properties on the east side of Kauai for affordable rental housing
  • Addresses expiration of affordability requirements at Courtyards at Waipouli workforce housing project in 2019, which would reduce Kauai's affordable housing inventory by 82 units
  • Enables the county to exercise its first right of refusal to purchase the Courtyards at Waipouli units, or alternatively purchase other east side properties for affordable rental housing
  • Takes effect July 1, 2016

Legislative Description

Kauai County Council Package; Affordable Housing; GO Bonds ($)

Last Action

Report adopted; Passed Second Reading and referred to WAM.

2/18/2016

Committee Referrals

Ways and Means2/18/2016
Housing1/20/2016

Full Bill Text

No bill text available