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HI HB1372
Bill
Status
1/25/2017
Primary Sponsor
Beth Fukumoto Chang
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AI Summary
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Establishes a state goal to develop or vest development of 57,000 affordable housing units ready for occupancy between July 1, 2017, and December 31, 2025.
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Requires at least 22,500 of the units to be rental units affordable to low- and moderate-income households pursuant to Act 127, Session Laws of Hawaii 2016.
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Allows the remaining 34,500 affordable units to be either rental or for-sale units.
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Addresses Hawaii's projected need for 64,000 additional housing units by 2025 and rising housing costs across the islands.
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Sunsets on December 31, 2025.
Legislative Description
Relating To Affordable Housing.
Affordable Housing
Last Action
Passed Second Reading as amended in HD 1 and referred to the committee(s) on JUD with none voting aye with reservations; none voting no (0) and Representative(s) DeCoite, Tokioka excused (2).
2/17/2017