HI SB1669

Establishes the Transit-Oriented Community Improvement Partnership as a public agency within the Department of Transportation to plan and develop walkable communities along transit corridors with infrastructure, affordable housing, public spaces, parks, and amenities

Creates a 13-member board of directors including state officials and appointees with expertise in affordable housing, public spaces, urban planning, and community-based economic development, with 4-year terms for legislative appointees

Authorizes the partnership to issue revenue bonds, acquire property through purchase or condemnation, enter public-private partnerships, and establish business or community improvement districts with fee mechanisms approved by stakeholders

Establishes the Community Improvement Special Fund funded by appropriations and bond proceeds, with investment limits including no more than $500,000 in any single enterprise and a cap of 49% ownership of voting stock

Exempts partnership projects from land use, zoning, and construction standards while requiring coordination with state and county agencies, and mandates annual reports to the legislature 20 days before each session