Bill > SB1412

This bill clarifies and expands the powers of the Hawaii Public Housing Authority by making several key modifications to existing statutes. The bill introduces a comprehensive definition of "housing" or "housing project" as any home, residence, or dwelling unit primarily designed to shelter people, which will be applied consistently across various sections of law. It removes the word "public" from multiple references to housing projects, potentially broadening the authority's scope of action. The bill enhances the authority's ability to acquire, develop, and manage housing by allowing more flexible property transactions, including exchanging real property, leasing or renting housing projects, and developing properties in collaboration with private developers. The legislation also allows the authority to develop commercial and industrial properties alongside housing projects if they are deemed beneficial to the community, and provides more flexibility in project funding and development processes. Additionally, the bill streamlines provisions related to bond issuance, trustee responsibilities, and project financing, giving the Hawaii Public Housing Authority more operational latitude while maintaining oversight and accountability. The changes aim to make the authority more adaptable in addressing housing needs across various contexts, from affordable housing to projects for specific populations like elders, students, and low-income residents.

Housing and Urban Affairs, Justice

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=1412&year=2025