The Hawaii housing corporation would select projects across the counties, with at least half their homes set aside for households in a stated income range.
The Hawaii housing corporation would run a five-year pilot and could use revolving fund money to prepare selected housing projects or make temporary construction investments.
Agencies would prioritize reviews for selected housing projects, with deadlines for some decisions and county exemptions that would not need county legislative approval.
The corporation would give lawmakers yearly updates on pilot projects, spending, homes, and obstacles to delivery.
The Hawaii Housing Finance and Development Corporation would run a five-year housing pilot and could use revolving fund money for project preparation and temporary construction investments. The pilot covers projects designated by the corporation's board in Hawaii's counties. The corporation's board must designate and approve a project before fund money is used for preparation work. Construction investments must be temporary and structured for repayment or conversion into assets for the revolving fund. Projects must have adequate water, sewer, and transportation capacity; sites not zoned for housing may qualify through authorized exemptions. At least half of each project's homes must be for households earning 60% to 140% of area median income, and the corporation must designate at least one project in each county. The corporation's authority to designate new projects would end June 30, 2031. Projects designated before July 1, 2031, would remain under these rules until completion.
State and county agencies would cooperate on pilot projects and prioritize their permit, license, and approval reviews; the corporation's executive director could convene an agency review team. These rules apply to state and county agencies reviewing designated pilot projects, and to related contracts and county exemptions. Historic preservation reviews must be completed within 60 days after a complete application arrives; if no decision is issued by then, the application is treated as approved. For certain health reviews, the department may take more time if it gives written reasons before the 60-day period ends; without those reasons, the application must be prioritized for immediate final action. County planning officials must grant necessary exemptions under section 201H-38 without county legislative approval and process them within 45 days. The law calls this a ministerial act, meaning officials do not make a discretionary choice. Contracts for project services, construction, and development need board approval and are exempt from chapter 103D. Historic preservation reviews are due within 60 days after a complete application arrives. Health reviews have a 60-day period, with the stated extension rule. County officials have 45 days after receiving an exemption request.
The Hawaii housing corporation would report to the Legislature on pilot projects, spending, homes, agency coordination, obstacles, and whether the program should continue. The Hawaii Housing Finance and Development Corporation would report to the state Legislature. Reports must include projects designated, approved, or advanced during the prior fiscal year, fund spending and repayment status, and housing numbers by county and income range. Reports would be due no later than 20 days before the regular sessions in 2027 through 2032.
No hearings or votes scheduled.