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HI SB974
Bill
Status
3/10/2015
Primary Sponsor
Suzanne Chun Oakland
Click for details
AI Summary
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Authorizes the Rental Housing Trust Fund to provide loans or grants for public-use spaces within mixed-use residential housing developments.
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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.
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Caps loans or grants for public-use spaces per project at an amount to be determined (blank in the bill text).
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Defines "spaces for public uses" to include community meetings, employment training, health care, social services, education, and juvenile services centers.
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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