HI SCR14

Requests each county council to consider providing incentives such as waiving infrastructure capacity costs and permitting fees for developers building housing for households earning less than 80 percent of area median income (AMI)

Encourages county councils to develop a sliding scale of incentives based on housing affordability levels to encourage development for households earning less than 80 percent AMI and those earning 80 to 140 percent AMI

Cites the 2011 Hawaii Housing Planning Study showing need for more than 6,000 ownership units and 13,000 rental units for low-income households earning less than 80 percent AMI between 2012 and 2016

Notes median home prices in Honolulu as of August 2016 were $747,500 for single-family homes and $398,000 for condominiums, making affordability a critical issue

Directs transmission of the concurrent resolution to councilmembers of the City and County of Honolulu, County of Hawaii, County of Kauai, and County of Maui