HI HB788

Establishes a 15-year "hale kokua project" within the Department of Human Services to incentivize private property owners in counties with populations over 500,000 to rent dwelling units to homeless persons through state grants and monthly rent subsidies.

Creates a "hale kokua special fund" funded by a percentage of conveyance tax revenue to support the project, with assistance including construction grants up to a specified amount, monthly rent subsidies, property tax waivers, and zoning/building code exemptions.

Limits participation to a maximum of 10 property owners per census tract to prevent concentrated homelessness in any single district, with potential to house 2,440 units and 6,100 homeless persons on Oahu during initial phase.

Increases conveyance tax rates by 5 cents per $100 across all property value categories to generate revenue for the hale kokua special fund and other housing programs.

Establishes an 11-member homeless housing assistance coordinating committee to provide advisory assistance and requires annual reporting to the legislature; project and related tax provisions automatically repeal on July 1, 2037.