Bill > SB1614

This bill addresses Hawaii's housing shortage by establishing a comprehensive framework for transit-oriented development (TOD), which refers to dense, walkable neighborhoods centered around public transit stations. The bill defines TOD and creates incentives for development in county-designated TOD areas by establishing specific density requirements, with floor area ratios ranging from 4.0 to 7.0 depending on proximity to transit stations. It prioritizes financing for developments that meet certain criteria, such as ministerial permit processing and adherence to objective design standards. The legislation also modifies the Rental Housing Revolving Fund to allocate at least 51% of its funds for mixed-income rental projects in counties that have invested in TOD infrastructure, with a focus on creating housing for residents across various income levels (from 30% to 140% of median family income). Additionally, the bill requires the Hawaii Interagency Council for Transit-Oriented Development to develop a strategic plan that coordinates TOD efforts across state and county levels, aiming to increase housing supply, reduce automobile dependency, lower greenhouse gas emissions, and support economic and social equity by creating accessible, affordable housing near transit hubs.

Budget and Finance, Housing and Urban Affairs

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=1614&year=2025