Makes the Dwelling Unit Revolving Fund Equity Pilot Program permanent, with modifications that include changing the method for computation of interest for purchasers of certain real property. Expands the use of proceeds in the Dwelling Unit Revolving Fund to include purchasing equity in for-sale housing development projects and interim primary or secondary financing. Exempts disbursements from the Affordable Homeownership Revolving Fund from appropriation and allotment requirements. Effective 7/1/2050. (SD1)
Establishes the Workforce Housing Regulatory Sandbox Program to be administered by the Hawaii Housing Finance and Development Corporation. Establishes an advisory council within the Workforce Housing Regulatory Sandbox Program to advise on environmental and cultural practices within specific developments. Requires reports to the Legislature. Establishes a position. Appropriates funds. Repeals 6/30/2031. Effective 7/1/3000. (SD1)
Establishes the Tenant Protection Working Group within the Hawaii Housing Finance and Development Corporation to address certain tenant protection issues in the State. Requires the Tenant Protection Working Group to report to the Legislature. Appropriates funds. Effective 7/1/2050. (SD1)
Requires the Office of Youth Services to establish a five-year Youth Housing Stability Assistance Pilot Program to enter into contracts with nonprofit organizations or execute memoranda of agreement with government agencies to support eligible youth with financial assistance. Appropriates funds. Effective 7/1/3000. Sunsets 6/30/2031. (SD1)
Requires the Hawaii Housing Finance and Development Corporation or a county to accept a complete application seeking certain exemptions within 30 days. Requires HHFDC to process an application and bring it before the Corporation's Board of Directors within 120 days of accepting the application. Requires county agencies to process an application and bring it before the county's legislative body within 120 days of accepting the application. Effective 7/1/3000. (HD1)
Authorizes a county to reduce the aggregate zoned residential capacity within the county only if the county offsets that reduction by increasing zoned residential capacity elsewhere in the county, such that there is no net loss in residential capacity in the county. Effective 7/1/3000. (HD1)
Removes the prohibition against qualified residents for Hawaii Housing Finance and Development Corporation-approved projects holding a majority interest in land and removes the requirement that qualified residents demonstrate financial viability or ability to pay rent. Amends exemptions from statutes, ordinances, charter provisions, and rules for certain housing projects developed by the Corporation that satisfy certain conditions, including requirements related to employment, owner-occupancy, and deed restrictions. Effective 7/1/3000. (HD1)
This bill prohibits counties from requiring minimum parking spaces for certain developments starting July 1, 2027. The law applies to local governments that currently enforce parking mandates for new construction projects. The restriction remains in effect until July 1, 3000, giving it a very long-term duration. The measure aims to give developers more flexibility in designing parking solutions without being forced to meet specific minimum requirements.
Requires the development of transit-supportive densities to be allowed in any county-designated transit-oriented development area. Prohibits the counties from enacting an ordinance, rule, regulation, development standard, zoning provision, or other land use control that restricts the development of transit-supportive densities. Effective 7/1/3000. (HD2)
Requires, for any affordable rental housing development project that receives financing or any financial assistance from the Hawaii Housing Finance and Development Corporation, that the Corporation require the housing development lease or occupancy agreement to allow residents to own or otherwise maintain one or more common household pets. Effective 7/1/3000. (HD1)
