H.B. 1305 Summary

• Authorizes counties with a population of 500,000 or more to form partnerships with Hawaii nonprofit corporations to execute community-initiated development projects addressing housing, food, health care, economic development, and other community needs.

• Requires a county department to maintain an inventory of suitable properties for development including state agricultural and conservation land, urban real estate, churches, harbors, health facilities, hospitals, housing, parks, schools, and sporting facilities.

• Requires nonprofit corporations to prepare master plans for projects that include multiple-use facilities, business synergies, phased development, and stakeholder benefits, subject to neighborhood board and county legislative approval.

• Creates eight revolving funds for community-initiated development projects: land acquisition, pre-development, development, construction, building materials, repair and maintenance, modernization, and community organization-owned housing.

• Appropriates unspecified amounts from general revenues for fiscal years 2023-2024 and 2024-2025 to be deposited equally among the eight revolving funds, with amounts to be expended by the City and County of Honolulu; effective July 1, 2023.