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HI SR45
Resolution
AI Summary
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Urges the Hawaii Housing Finance and Development Corporation to develop a comprehensive plan to produce sufficient housing to meet Hawaii's demand.
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Plan must include site identification with density specifications, strategies to maximize walkability and density, and an efficient financial plan with sustainable funding needs.
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Plan must address personnel and government capacity requirements, and identify solutions to housing supply barriers including land availability, infrastructure, and diverse financing models.
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Hawaii Housing Finance and Development Corporation must submit the plan to the Legislature no later than twenty days before the 2026 Regular Session convenes.
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Resolution cites 2019 Hawaii Housing Planning Study showing the state produced only 2,902 housing units annually (2010-2018) versus national average of 1.3% growth, with significant unmet demand across multiple income segments.
Legislative Description
Urging The Hawaii Housing Finance And Development Corporation To Develop A Plan To Produce Sufficient Housing To Meet The State's Demand.
Report
Last Action
Report and Resolution Adopted, as amended (SD 1).
4/2/2025