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HI SB2293
Bill
AI Summary
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Hawaii Housing Finance and Development Corporation must institute condemnation proceedings for the ground lease of the Front Street Apartments affordable housing project pursuant to Hawaii Revised Statutes chapter 101.
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$250,000 is appropriated from general revenues for fiscal year 2018-2019 to cover appraisal costs and other preparations for the condemnation proceedings, contingent on the County of Maui providing matching dollar-for-dollar funds.
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$30,000,000 is appropriated from the rental housing revolving fund for fiscal year 2018-2019 to expedite and complete construction of the Leialii affordable housing project in Lahaina, Maui by 2021.
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All appropriations are to be expended by the Hawaii Housing Finance and Development Corporation.
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The Act takes effect on July 1, 2018.
Legislative Description
Relating To Affordable Housing.
Appropriation ($)
Last Action
Act 150, on 07/07/2018 (Gov. Msg. No. 1251).
7/10/2018