Act 102, HB142 HD1 SD2 CD1, 06/09/2015

Posted on Jun 10, 2015 in 2015 Acts

RELATING TO AFFORDABLE HOUSING ON HAWAIIAN HOME LANDS

Requires that twenty-five per cent of proceeds from the transfer of credits be used by DHHL to develop rentals. Requires Kauai County and City & County of Honolulu to enter into MOA with DHHL to issue credits. Extends the sunset date for affordable housing credits for affordable housing developed on Hawaiian home lands by 4 years. (HB142 CD1)