Funding Reallocation Set to Transform Housing Development in Oahu

November 18, 2024 | Hawaiian Home Lands (DHHL), Department of, Executive , Hawaii


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Funding Reallocation Set to Transform Housing Development in Oahu
In a recent government meeting, officials discussed a significant reallocation of $92 million in funding aimed at advancing critical housing projects in Hawaii. The funds will be redirected from long-term, noncritical projects to initiatives that are ready for immediate development, with a focus on addressing the pressing housing needs of native Hawaiians.

Key allocations include $60 million earmarked for the acquisition of Kumiya, which has the potential to create 1,200 residential lots. This move is expected to significantly alleviate the waitlist of over 11,000 individuals seeking housing on Oahu. The remaining $32 million will support various essential activities, including $20 million to tackle challenges in Lahaina and $5 million for planning efforts at Ewa Beach, where single-family lots are nearing readiness.

The meeting highlighted the importance of strategic funding to ensure that critical projects progress without delays. Officials emphasized a shift towards prioritizing high-value, near-term developments while also addressing foundational needs for long-term success. The Department of Hawaiian Home Lands (DHHL) is also collaborating with state and county agencies to secure additional funding, including a new tax mechanism established by Maui County to support infrastructure for various projects.

The recommendations presented are seen as a decisive step towards fulfilling Prince Kuhio's vision for native Hawaiians, with officials expressing optimism about the potential impact of these initiatives. The meeting concluded with an invitation for questions and further discussion on the proposed projects.

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