S.B. 804 Summary

• Authorizes the Hawaii Public Housing Authority (HPHA) and Hawaii Housing Finance and Development Corporation (HHFDC) to develop and provide affordable rental housing for teachers employed by the Department of Education and public charter schools.

• Requires the Department of Education to lease land and contract with private entities for the development, management, maintenance, or revitalization of teacher housing.

• Permits private entities leasing land for teacher housing to rent available units to non-teacher tenants if teacher occupancy falls below 95 percent of total units in a project.

• Appropriates unspecified sums from general revenues to HPHA for fiscal years 2021-2022 and 2022-2023, and appropriates unspecified sums to the dwelling unit revolving fund for teacher housing development by HHFDC with a December 31, 2021 deadline for Department of Education land approval.

• Takes effect December 1, 2050 (including all appropriations sections).