Bill > HB1409

This bill addresses Hawaii's housing crisis by establishing a mixed-income subaccount within the Rental Housing Revolving Fund and promoting transit-oriented development (TOD). The bill creates a five-year subaccount to finance housing projects, with a focus on mixed-income rental housing located in transit-supportive density areas. It requires the TOD Infrastructure Improvement District Board to consider infrastructure needs for transit-supportive density and mandates that the Hawaii Interagency Council for Transit-Oriented Development create a strategic plan that identifies TOD areas in each county. The legislation aims to increase housing density near public transit, reduce urban sprawl, and improve access to housing and transportation for low- and moderate-income residents. Key provisions include establishing specific criteria for funding mixed-income housing projects, defining transit-supportive density standards, and requiring counties to create TOD areas with higher floor area ratios and ministerial permit processes. The bill reflects a comprehensive approach to addressing housing affordability, transportation efficiency, and sustainable urban development in Hawaii, with provisions set to sunset on June 30, 2030.

Agriculture and Natural Resources, Budget and Finance, Housing and Urban Affairs

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=1409&year=2025