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HI HCR47
Concurrent Resolution
Status
3/8/2023
Primary Sponsor
Jeanne Kapela
Click for details
AI Summary
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Request the Hawaii Housing Finance and Development Corporation to provide a report to the Legislature on barriers to creating truly affordable housing in Hawaii
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Report must include information about methodologies for determining what qualifies as "affordable" housing in Hawaii compared to states and municipalities with similarly high costs of living
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Hawaii Housing Finance and Development Corporation is urged to consult with county housing departments, Hawaii Appleseed Center for Law and Economic Justice, and Hawaii Alliance for Community Based Economic Development in preparing the report
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Report and recommendations, including any proposed legislation, must be submitted to the Legislature no later than twenty days prior to the convening of the Regular Session of 2024
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Highlights that current affordable housing formulas fail to account for Hawaii's high cost of living, market prices, homeowners' association fees, insurance, utilities, and other factors affecting actual affordability
Legislative Description
Requesting The Hawaii Housing Finance And Development Corporation To Provide A Report To The Legislature About Barriers To Creating Truly Affordable Housing In Hawaii.
Report
Last Action
Referred to HSG, FIN , referral sheet 18
3/10/2023