Blangiardi offering $10 million in incentives to affordable housing developers

However, housing advocates say that more action is needed to fully address Honolulu’s housing crisis in which thousands are homeless and many more are living on the brink.

Kenna StormoGipson with the Hawaiʻi Budget & Policy Center said in written testimony that Bill 1 is a step in the right direction but much more can be done.

“Now is the time to create a comprehensive and sustainable affordable housing strategy for local residents across the income spectrum (from houseless to middle class) who are spending too much of their monthly paychecks on housing and too little on other important costs of living,” she said.