Report Title:
Affordable Housing
Description:
Increases the number of eligible households: (1) to which the counties may provide flexibility in land use density provisions and public facility requirements, and (2) to which the housing finance and development corporation may lease land for $1 per year per parcel to nonprofit organizations that provide affordable housing, by lowering threshold income limits from 140% to 100% of median incomes. (HB1188 HD1)
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HOUSE OF REPRESENTATIVES |
H.B. NO. |
1188 |
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TWENTY-FIFTH LEGISLATURE, 2009 |
H.D. 1 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO AFFORDABLE HOUSING.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 46-14.5, Hawaii Revised Statutes, is amended to read as follows:
"§46‑14.5 Land use density and
infrastructure; low-income rental units. Notwithstanding any other law to
the contrary, the counties are authorized to provide flexibility in land use
density provisions and public facility requirements to encourage the
development of any rental housing project where at least [a portion] fifty
per cent of the rental units are set aside for persons and families with
incomes at or below [one hundred forty] one hundred per cent of
the area median family income[, of which twenty per cent are set aside for
persons and families with incomes at or below eighty per cent of the area
median family income]."
SECTION 2. Section 201H-57, Hawaii Revised Statutes, is amended by amending subsection (b) to read as follows:
"(b) For the purposes of this section:
"Affordable housing" means housing
that is affordable to households with incomes at or below [one hundred forty]
one hundred per cent of the [median family] area median
income as determined by the United States Department of Housing and Urban
Development.
"Qualified nonprofit organization" means any private entity that is organized and operated:
(1) In accordance with [section] Section
501(c)(3) of the Internal Revenue Code of 1986, as amended; and
(2) For the purpose of providing affordable housing through long-term, renewable, and transferable leases."
SECTION 3. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 4. This Act shall take effect upon its approval.