Report Title:
Public Lands; Affordable Housing
Description:
Allows ceded lands to be used for the development of affordable housing. (HB505 HD1)
HOUSE OF REPRESENTATIVES |
H.B. NO. |
505 |
TWENTY-FOURTH LEGISLATURE, 2007 |
H.D. 1 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to public lands.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Chapter 171, Hawaii Revised Statutes, is amended by adding a new section to be appropriately designated and to read as follows:
"§171- Public lands; affordable housing. (a) That portion of public lands classed as government or crown lands previous to August 15, 1895, may be used for the development of low- and moderate-income housing for households with incomes at or below one hundred forty per cent of the median family income, as determined by the United States Department of Housing and Urban Development.
(b) Lands shall be available on a leasehold basis only for a term of ninety-nine years, at a cost determined by the board.
(c) Notwithstanding section 10-13.5, the office of Hawaiian affairs shall retain per cent of the infrastructure costs of the housing development and the entire amount of the lease rent."
SECTION 2. The department of land and natural resources shall conduct a study and submit a report to the legislature no later than twenty days prior to the convening of the 2008 and 2009 regular sessions, which shall include an inventory of available ceded lands and their suitability for the development of affordable housing.
SECTION 3. New statutory material is underscored.
SECTION 4. This Act shall take effect on July 1, 2050.