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HI SR46
Resolution
Status
3/8/2024
Primary Sponsor
Stanley Chang
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AI Summary
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Request that the Hawaii Housing Finance and Development Corporation (HHFDC) adopt administrative rules to prevent counties from imposing residential income requirements on housing projects under HRS section 201H-38 that are lower than state-established requirements.
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Request that HHFDC amend its application process for developers seeking expedited processing and exemptions under HRS chapter 201H to preempt county affordability threshold criteria that are lower than state standards.
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Cite Hawaii's housing crisis, highest median home prices, and high regulatory burden as justification for standardizing residential income requirements across the state and counties.
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Direct transmission of certified resolution copies to the Governor, HHFDC Executive Director and Board Chairperson, Chief Housing Officer, and Director of Business, Economic Development, and Tourism.
Legislative Description
Requesting The Hawaii Housing Finance And Development Corporation To Adopt Administrative Rules That Preempt The Counties From Imposing Residential Income Requirements On Housing Projects Subject To Section 201h-38, Hawaii Revised Statutes, That Are Lower Than Those Adopted Or Established By The State.
Housing
Last Action
The committee on HOU deferred the measure.
3/19/2024