Yesterday, Governor Josh Green, M.D., signed several bills that will expand access to affordable housing and provide assistance to families and individuals who may at risk for homelessness.
In a statement Governor Green said, “Since taking office, tackling the hard issues of housing and homelessness has been at the forefront of my Administration’s efforts. Unless we address the lack of affordable housing in our state head-on, the housing crisis will continue to affect the quality of life for all our communities, which is why I am pleased to be signing various bills that work to provide some solutions to help those most in need.”
Act 96 (SB764) will allow banks to invest in entities formed to invest in developing residential properties that qualify for low-income housing tax credits. This bill encourages the financing of affordable residential housing projects by increasing the investment limit.
Act 97(SB865) will establish a 99-year leasehold program to develop low-cost homes on state- and county-owned land in an urban redevelopment site to be sold in leasehold by the Hawaiʻi Community Development Authority to qualified residents. This bill will increase the number of affordable residential leasehold units in our state.
Act 98 (SB898) temporarily expands the State Rent Supplement Program specifically for qualified persons who are sixty-two years of age or older and are homeless or at imminent risk of becoming homeless. Funding from the Hawaiʻi State Rent Supplement Program will help eligible families by subsidizing part of their monthly rent. It is mainly geared toward helping kūpuna and older adults and families to avoid becoming homeless.
Act 99 (HB674) repeals the percentage requirements related to the Hawaiʻi Public Housing Authority’s (HPHA) admission of applicants into federal and state low-income public housing units. This gives HPHA the ability to prioritize its public housing inventory to allow greater preference for those who are the most in need, including families and individuals experiencing homelessness, victims of domestic violence, and those who are displaced.
.Additional bills signed by Governor Green on June 21, 2023 include:
SB1357 SD1 HD1 CD1, (Act 90) Relating to Affordable Housing on Hawaiian Home Lands
HB675 HD1 SD2 CD1, (Act 91) Relating to the Hawaiʻi Housing Finance and Development Corporation
HB677 HD1 SD2 CD1, (Act 92) Relating to the Dwelling Unit Revolving Fund
HB992 HD1 SD1 CD1, (Act 93) Relating to the Affordable Homeownership Revolving Fund
HB1366 HD1 SD2 CD2, (Act 94) Relating to Homelessness
HB1397 HD1 SD2 CD1, (Act 95) Relating to Supportive Housing
Photo credit: Office of Governor Green