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HI SB974

Bill

Status

Engrossed

3/10/2015

Primary Sponsor

Suzanne Chun Oakland

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Origin

Senate

2016 Regular Session

AI Summary

  • Authorizes the Rental Housing Trust Fund to provide loans or grants for public-use spaces within mixed-use residential housing developments.

  • Requires the residential rental component to be the primary use in the mixed-use development and qualify as an eligible rental housing project under section 201H-204.

  • Caps loans or grants for public-use spaces per project at an amount to be determined (blank in the bill text).

  • Defines "spaces for public uses" to include community meetings, employment training, health care, social services, education, and juvenile services centers.

  • Requires the corporation to report annually to the legislature on any loans or grants made for public-use spaces in mixed-use residential developments, with an effective date of July 1, 2050.

Legislative Description

Rental Housing Trust Fund; Mixed-use Rental Projects

Last Action

Received notice of discharge of conferees (Hse. Com. No. 610).

4/15/2016

Committee Referrals

Finance3/25/2015
Water & Land3/19/2015
Housing3/12/2015
Ways and Means2/19/2015
Human Services and Housing1/28/2015

Full Bill Text

No bill text available