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HI SB1189
Bill
Status
1/24/2019
Primary Sponsor
Ronald Kouchi
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AI Summary
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Amends Act 150, Session Laws of Hawaii 2018, to make technical and housekeeping changes regarding the Front Street Apartments affordable housing project in Lahaina, Maui.
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Directs the Hawaii Housing Finance and Development Corporation to institute condemnation proceedings for the ground lease of the Front Street Apartments property (Tax Map Key (2) 4-5-003-013).
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Appropriates $250,000 from general revenues for fiscal year 2018-2019 for appraisal and condemnation preparation, contingent on Maui County providing dollar-for-dollar matching funds.
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Appropriates $30,000,000 from the rental housing revolving fund for fiscal year 2018-2019 to expedite and complete construction of the Leialii affordable housing project in Lahaina, Maui.
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Appropriates funds from the Dwelling Unit Revolving Fund for fiscal year 2019-2020 for acquisition of the Front Street Apartments ground lease; becomes effective July 1, 2050.
Legislative Description
Relating To Affordable Housing.
Appropriation ($)
Last Action
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
2/15/2019