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Committee advances bill to dedicate property for long‑term affordable rentals after debate over AMI caps
Summary
Councilmembers and department staff debated whether to set the dedication's rent cap at 100% AMI or raise it (120%–140%) to attract property owners; the committee amended Bill 63 and reported it out for a second reading and public hearing, asking departments for fiscal analysis.
The Honolulu City Council Budget Committee on Nov. 18 advanced Bill 63‑2025, a proposal to dedicate certain property for affordable long‑term residential rental use, after an extended exchange over where to set area median income (AMI) limits.
Director of Budget and Fiscal Services Andy (Kolano/Kawano in the transcript) told the committee the department "support[s] bill 63" and said staff had worked with Councilmember Kia Aina on the measure. Councilmember Aina pushed for raising the AMI cap from 80% — which she said had produced no takers — to a higher threshold to increase uptake by property owners. "I thought…
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