Bill > HB1170

This bill establishes the accessory dwelling unit (ADU) housing development program within the Hawaii Community Development Authority. The program will provide matching funds to homeowners who construct or contract to construct ADUs in accordance with county requirements, with a maximum match of $X per ADU. The bill also exempts the first three years of rental income from the general excise tax for ADUs funded through the program, provided the tax savings are passed on to the renter. The bill appropriates funds to the special fund created for the ADU housing development program to implement these provisions and address the state's housing shortage by incentivizing the construction of low-cost ADUs.