State-backed leasehold condo pilot pending
Senate Bill 865 would establish a pilot program to develop one condo project for sale on state land under a 99-year land lease in an effort to demonstrate whether the concept is a viable solution to increase the long-term supply of affordable housing.
Editorial: Hope on horizon for more housing
Might this be the year that Hawaiʻi truly moves forward in providing affordable housing to its residents? With as much as $1 billion in overall funding for housing under discussion as the state legislature reaches its home stretch, it’s possible.