Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee backs 5-year community land trust pilot; committee notes $25 million example appropriation for 50 units
Summary
The Senate Committee on Housing passed HB 833 with amendments to authorize a five-year community land trust equity pilot administered by HHFDC, and the committee record will note an example $25 million appropriation for 50 units at $500,000 each.
The Senate Committee on Housing voted to pass HB 833 with amendments, authorizing the Hawaii Housing Finance and Development Corporation to establish a five-year community land trust equity pilot program and enabling a line of credit to community land trusts for acquisition, rehabilitation, renovation or construction of housing for qualified residents.
Under the committee’s amended language, income restrictions in section 2A will be replaced with the term “qualified residents” as defined in HRS 201H-32. The committee also directed priority to…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
