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HI SR45

HI SR45
Urging The Hawaii Housing Finance And Development Corporation To Develop A Plan To Produce Sufficient Housing To Meet The State's Demand.


summary

Introduced
03/07/2025
In Committee
04/01/2025
Crossed Over
Passed
04/02/2025
Dead
Signed/Enacted/Adopted
04/02/2025

Introduced Session

2025 Regular Session

Bill Summary

RESOLUTION urging the hawaii housing finance and development corporation to develop a plan to produce sufficient housing to meet the state's demand.

AI Summary

This resolution urges the Hawaii Housing Finance and Development Corporation (HHFDC) to develop a comprehensive plan to address the state's critical housing shortage. Recognizing that Hawaii is experiencing severe housing challenges, with low housing production rates, high vacancy rates, and a significant number of residents planning to leave the state due to housing affordability issues, the resolution requests HHFDC to create a detailed plan that includes site identification, strategies to maximize walkability and density, financial planning, personnel needs, and methods to overcome barriers to housing supply. Specifically, the plan should address housing needs across various income levels, noting that current efforts have been too narrowly focused on low-income rental units while demand exists for middle and higher-income housing options. The resolution requests that HHFDC submit this plan to the Legislature at least twenty days before the 2026 Regular Session and mandates that copies of the resolution be transmitted to the corporation's leadership, with the ultimate goal of increasing housing production and helping residents remain in Hawaii.

Committee Categories

Housing and Urban Affairs

Sponsors (12)

Last Action

Report and Resolution Adopted, as amended (SD 1). (on 04/02/2025)

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