HB 1480 requires new housing projects developed under a specific state housing program (HRS § 201H-38) to be located within areas designated by counties as transit-oriented zones - meaning areas near public transportation hubs. This directly affects developers building qualifying housing projects and county governments responsible for designating these zones. The bill's key provision mandates that all such projects must be situated within these pre-approved transit-accessible locations. It applies to housing developments meeting the criteria outlined in Hawaii Revised Statutes § 201H-38, without altering existing housing program eligibility.
Requires the Department of Business, Economic Development, and Tourism, to establish a comprehensive action plan under the "Yes In My Back Yard" Working Group to establish a local housing market in Hawaii. Appropriates funds. Effective 7/1/2050. (SD2)
Authorizes the Hawaii Housing Finance and Development Corporation to allow projects to grant preferences in the sale or lease of housing units to applicants who live or work within five miles of the project. Takes effect 7/1/2050. (SD1)
Establishes the Supportive Housing Special Fund. Restructures the conveyance tax to a marginal rate system and adjusts the tax for multifamily properties to reflect value on a per-unit basis. Allocates revenues from conveyance tax collections to the Supportive Housing Special Fund. Allocates a portion of conveyance tax collections to the Dwelling Unit Revolving Fund to fund infrastructure programs in county-designated transit-oriented development areas that meet minimum standards of transit-supportive density. Effective 7/1/3000. (HD2)
Requires state agencies that administer agricultural leases, licenses, development programs, or procurement involving agricultural products to award points or preferences to agricultural projects incorporating agricultural workforce housing. Requires the Department of Agriculture and Biosecurity to submit a report to the Legislature. Effective 7/1/3000. (HD2)
Exempts housing developments that have obtained financing commitments from the State or is located on state land from the requirement to obtain approval from the applicable county council. Effective 7/1/2050.
Repeals the sunset date of Act 45, Session Laws of Hawaii 2024, thereby making permanent the authority of the counties to share in facilitating the development, construction, financing, refinancing, or other provision of mixed-use developments, including low- and moderate-income housing projects, and issue county bonds for this purpose.
Establishes an Agricultural Workforce Housing Working Group within the Department of Agriculture to address the shortage and challenges of agricultural workforce housing in the State. Requires reports to the Legislature. Appropriates funds. Effective 7/1/2050. (SD1)
Establishes the Mixed-Income Subaccount within the Rental Housing Revolving Fund that targets workforce rental housing projects for persons and families with incomes at or below one hundred forty per cent of the area median income. Authorizes the Director of Finance to transfer funds from the Rental Housing Revolving Fund into the Mixed-Income Subaccount. Appropriates funds into and out of the Mixed-Income Subaccount of the Rental Housing Revolving Fund. Effective 7/1/3000. (HD1)
Requires the Department of Land and Natural Resources to determine the effect of any proposed State affordable housing project within ninety days of a request for determination. Bases the historic review requirements on the project area's known or likely density of historic, cultural, and archaeological resources or previous identification of no significant historic properties. Effective 7/1/3000. (HD2)