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HI SR45

Resolution

Status

Passed

4/2/2025

Primary Sponsor

Stanley Chang

Click for details

Origin

Senate

2025 Regular Session

AI Summary

  • Urges the Hawaii Housing Finance and Development Corporation to develop a comprehensive plan to produce sufficient housing to meet Hawaii's demand.

  • Plan must include site identification with density specifications, strategies to maximize walkability and density, and an efficient financial plan with sustainable funding needs.

  • Plan must address personnel and government capacity requirements, and identify solutions to housing supply barriers including land availability, infrastructure, and diverse financing models.

  • Hawaii Housing Finance and Development Corporation must submit the plan to the Legislature no later than twenty days before the 2026 Regular Session convenes.

  • 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

Committee Referrals

Housing3/11/2025

Full Bill Text

No bill text available