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HI SCR77
Concurrent Resolution
Status
4/2/2025
Primary Sponsor
Troy Hashimoto
Click for details
AI Summary
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Declares legislative intent that housing projects approved by the Hawaii Housing Finance and Development Corporation before July 1, 2031, remain eligible for housing credits even after Act 31's repeal on that date.
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Requests the Hawaii Housing Finance and Development Corporation include three items in approval actions for qualifying housing projects: a statement of eligible developers' rights to receive housing credits, the number of qualifying housing units, and the number of available housing credits.
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Requests each county include the same three items (developer rights statement, number of qualifying units, and number of available credits) in approval actions for qualifying housing projects.
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Directs transmittal of certified copies to the HHFDC Executive Director, all county mayors, and all county and city council chairpersons.
Legislative Description
Declaring The Intent That Projects With Housing Units That Qualify For Housing Credits Under Act 31, Session Laws Of Hawaii 2024, Are Still Eligible To Receive Housing Credits After The Repeal Of Act 31 If The Housing Projects Were Approved By The Hawaii Housing Finance And Development Corporation Before July 1, 2031, And Requesting The Corporation And Each County To Include Certain Information When Approving Housing Projects For Housing Credits.
Counties
Last Action
Referred to HSG, FIN, referral sheet 28
4/4/2025