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HI SB2337
Bill
AI Summary
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Expands county powers to exercise the same authorities as the Hawaii Housing Finance and Development Corporation for developing, constructing, financing, refinancing, or providing mixed-use developments and low- and moderate-income housing projects.
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Allows counties to issue bonds for mixed-use development and housing projects, subject to the same tax exemptions as HHFDC projects under section 201H-36.
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Defines "low- and moderate-income housing project" by reference to section 39A-281 and "mixed-use development" by reference to section 201H-12(a).
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Applies to bond proceeds expended by counties after December 31, 2023.
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Takes effect July 1, 3000, with amendments to section 46-15.1 to be preserved during the statute's reenactment scheduled for July 1, 2030.
Legislative Description
Relating To Housing.
Housing
Last Action
Act 045, 05/30/2024 (Gov. Msg. No. 1145).
5/31/2024