Bill > HB1007

This bill provides comprehensive changes to the Hawaii Community Development Authority (HCDA) with a focus on transit-oriented development infrastructure improvement. The bill authorizes the HCDA to issue bonds to finance infrastructure development outside its existing districts, expands the board's membership to include two transit-oriented development experts, and establishes a new Transit-Oriented Development Infrastructure Improvement Program. The legislation aims to address community development challenges by enabling more strategic infrastructure investments, potentially reducing housing and transportation costs, and creating more livable, mixed-use communities. Key provisions include allowing the HCDA to issue up to $180 million in revenue bonds, establishing new program areas within a half-mile radius of transit stations, and providing the authority with more flexible powers to develop infrastructure, acquire property, and partner with public and private entities. The bill seeks to overcome previous barriers to community development by empowering the HCDA to take a more comprehensive approach to planning and implementing infrastructure improvements, with a particular focus on creating affordable, walkable, and transit-connected communities that offer lower living costs and higher quality of life for residents.

Agriculture and Natural Resources, Budget and Finance, Justice, Transportation and Infrastructure

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=1007&year=2025