HI SB866

Exempts affordable housing projects developed by the Hawaii Housing Finance and Development Corporation from state and county fees and exactions related to discretionary approval or ministerial permitting, excluding application fees paid to the corporation itself.

Requires that dwelling units in fee-exempted projects be exclusively available to qualified residents as defined in Section 201H-32 who are owner-occupants or renters and who own no other real property.

Takes effect on May 6, 2137 (likely a drafting error for 2021) and automatically repeals on June 30, 2027, reverting Section 201H-38 Hawaii Revised Statutes to its prior form.

Addresses the affordable housing crisis exacerbated by the COVID-19 pandemic, noting that over 11,000 Hawaii tenants had fallen behind on rent and 40 percent of rental tenants lost jobs as of the bill's enactment.