Leasehold condo plan could work
The idea, branded as ALOHA Homes (Affordable Locally Owned Homes for All), is to build and sell the leasehold condos at no long-term cost to Hawaiʻi taxpayers.
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.
As housing prices on Oʻahu hit record highs, families grapple with rising rents
“We as a community just need to make a decision that anybody that’s working 40 hours a week needs to be able to afford 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.
Proposal for Hawaiʻi to build and sell leasehold condos judged unfeasible
Analysis concluded that a key element in the plan—selling condos with 99-year land leases—isn’t workable despite some parts of the plan holding promise.
‘Bold’ plan to develop leasehold condos on state land renewed
The biggest drawback identified in the analysis is that using public land for leasehold housing is controversial.
Is an $868,000 home affordable? Hawaiʻi senators say no
Advocates voiced forceful opposition to a so-called affordable housing bill they say is far from affordable. A committee of lawmakers took their side.