Hawaiʻi’s plan to develop leasehold homes advances
An unconventional state initiative to build more homes for Hawaii residents with moderate incomes is approaching a critical test to see whether homebuyers want high-rise condominiums with 99-year land leases.
House committee recommends passage of Kamaʻaina Homes Program
Modeled after the Vail InDEED program in tourist-Mecca Vail, Colo., the program would provide funding to the counties to purchase voluntary deed restrictions from eligible homeowners or homebuyers.