| 47 | | - | SECTION 1. The legislature finds that the biggest expense for any individual or family is housing or shelter. Within the last decade, it has become increasingly difficult for individuals and families to save for a down payment on a home or pay for their mortgage or rent. In 2021, housing markets saw a fifteen per cent increase in the cost of single-family homes and a thirteen per cent increase in the cost of condominiums compared to 2020. The cost of housing in Hawaii has rapidly increased, effectively pricing out local renters and homeowners. Current real estate trends show there is a need to provide more affordable housing. The legislature further finds that the rising cost of housing in the State may disproportionately affect vulnerable populations, such as the elderly, persons who are homeless, or those struggling to find affordable housing. Vulnerable populations may have fixed incomes or experience continually rising rents that become unmanageable. Safe, affordable housing not only allows individuals and families to live and thrive in Hawaii, it also prevents many individuals and families from experiencing homelessness. The purpose of this Act is to require state agencies to submit annual reports to the Hawaii housing finance and development corporation and department of Hawaiian home lands containing information on any vacant state land that could be utilized for the construction of affordable housing. SECTION 2. (a) Each state agency shall submit to the Hawaii housing finance and development corporation and department of Hawaiian home lands an annual report on any vacant state land suitable for the construction of affordable housing within its jurisdiction or the jurisdiction of any of its attached offices, brands, commissions, or other agencies. (b) For the purposes of this section, "vacant state land" means lands that are: (1) Suitable for residential or mixed-used development according to county general plan, development plan, or zoning laws and regulations; and (2) Are served by or have access to infrastructure, including roads, water, sewer, electrical, or drainage. SECTION 3. The Hawaii housing finance and development corporation and department of Hawaiian home lands shall each compile the agency reports as specified in section 2 and submit to the legislature an annual report of the compilation, including findings, recommendations, and any proposed legislation, no later than twenty days prior to the convening of each regular session. SECTION 4. This Act shall take effect on July 1, 2050. |
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| 47 | + | SECTION 1. The legislature finds that the biggest expense for any individual or family is housing or shelter. Within the last decade, it has become increasingly difficult for individuals and families to save for a down payment on a home or pay for their mortgage or rent. In 2021, housing markets saw a fifteen per cent increase in the cost for single-family homes and a thirteen per cent increase in the cost for condominiums compared to 2020. The cost of housing in Hawaii has rapidly increased, effectively pricing out local renters and homeowners. Current real estate trends show there is a need to provide more affordable housing. The legislature further finds that the rising cost of housing in the State may disproportionately affect vulnerable populations, such as the elderly, homeless or those struggling to find affordable housing. Vulnerable populations may have fixed incomes or experience continually rising rents that become unmanageable. Safe, affordable housing not only allows individuals and families to live and thrive in Hawaii, it also prevents many individuals and families from experiencing homelessness. The purpose of this Act is to require state agencies to report annually to the governor's coordinator on homelessness information on any vacant state land that could be utilized for the construction of affordable housing. SECTION 2. Each state agency shall submit to the governor's coordinator on homelessness an annual report on any vacant state land suitable for the construction of affordable housing within its jurisdiction or the jurisdiction of any of its attached offices, brands, commissions, or other agencies. SECTION 3. The governor's coordinator on homelessness shall compile the agency reports and submit an annual report of their findings and recommendations, including any proposed legislation, to the legislature no later than twenty days prior to the convening of each regular session. SECTION 4. This Act shall take effect upon its approval. INTRODUCED BY: _____________________________ |
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