Requesting The Hawaii Housing Finance And Development Corporation To Conduct An Analysis On The Feasibility Of Factory-built Housing As A Cost-effective And Practical Answer To Address The State's Housing Shortage.
Impact
The bill emphasizes the potential of factory-built housing, which includes types such as manufactured homes and modular homes, as a viable and cost-effective alternative to traditional site-built housing. Factory-built homes can be assembled off-site and transported, offering benefits like reduced labor and material costs, faster construction times, and improved quality control. By leveraging these methods, the state aims to address the urgent needs for affordable housing more efficiently.
Summary
HCR44 is a House Concurrent Resolution from the Thirty-first Legislature of Hawaii, which requests the Hawaii Housing Finance and Development Corporation (HHFDC) to conduct an analysis on the feasibility of factory-built housing as a solution to the acute housing shortage faced by the state. Hawaii is currently experiencing one of the most severe housing crises in its history, with estimates suggesting a need for between 26,000 to 47,000 new housing units by 2030 to meet demand. Factors such as geographic limitations, high construction costs, and insufficient infrastructure are cited as barriers to housing production.
Contention
Despite the promising aspects of factory-built housing, the resolution underscores the necessity for comprehensive analysis to understand its viability within Hawaii’s unique context. The HHFDC is expected to investigate the factors that may influence the success of this housing model, including local building codes, land use regulations, and community acceptance. A report detailing findings and recommendations, including potential legislation, is requested by the Legislature to better inform future housing strategies.
Same As
Requesting The Hawaii Housing Finance And Development Corporation To Conduct An Analysis On The Feasibility Of Factory-built Housing As A Cost-effective And Practical Answer To Address The State's Housing Shortage.
Requesting The Hawaii Housing Finance And Development Corporation To Adopt Administrative Rules To Enable Credit Enhancement For Construction Loans Under The Rental Housing Revolving Fund.
Urging The Hawaii Housing Finance And Development Corporation To Amend Their Administrative Rules To Establish Another Pathway For Housing Projects Seeking An Exemption From State Laws And Rules.