Bill > HB605

This bill modifies the legal framework for residential development in the Kakaako Makai area of Honolulu, specifically targeting parcels owned by the Office of Hawaiian Affairs (OHA). The bill allows the Hawaii Community Development Authority (HCDA) to approve residential developments on specific parcels bounded by Ala Moana Boulevard, Forrest Avenue, Ilalo Street, Ohe Street, Olomehani Street, Ahui Street, and the Kewalo Basin shoreline. The bill increases the building height limit to 400 feet for developments in a certain area and requires that at least 50.1% of residential units be allocated to households earning up to 140% of the area median income, with priority given to essential workers in industries like healthcare, hospitality, education, law enforcement, civil service, and construction. Additionally, the bill limits the sale of residential units to owner-occupants only and establishes a Kakaako Makai Association Fee that will be collected from residential developments and deposited into a special account within the Hawaii Community Development Revolving Fund. These funds will be used to support various services and projects in the Kakaako area, such as maintenance, improvements, public parking, beach access, security, and parks. The bill aims to enhance the revenue-generating potential of OHA's land while addressing Hawaii's affordable housing shortage and providing housing opportunities for essential workers.

Agriculture and Natural Resources

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=605&year=2026