Bill Text: HI SB2032 | 2024 | Regular Session | Introduced
Bill Title: Relating To Housing.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2024-01-17 - Referred to HOU, WAM. [SB2032 Detail]
Download: Hawaii-2024-SB2032-Introduced.html
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THE SENATE |
S.B. NO. |
2032 |
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THIRTY-SECOND LEGISLATURE, 2024 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to housing.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
"§201H- Accessory
dwelling unit construction grant program. (a) There is established an accessory dwelling
unit construction grant program to be developed and administered by the
corporation.
(b)
The accessory dwelling unit construction grant program shall provide
funding to private property owners for the construction of accessory dwelling
units on the owners' property to increase inventory of below-market rental
units in the State, including any necessary associated infrastructure, as
determined by the corporation.
(c)
Each award shall be approved by the board before disbursement and shall
be subject to conditions imposed by the board.
(d)
The corporation may award grants based on criteria that shall be
developed by the corporation; provided that the corporation shall consider project
readiness, intended use, and the amount of funds required as part of its decision-making
criteria.
(e)
Each applicant shall meet the following requirements:
(1) The
applicant shall be a resident of the State and the owner-occupant of the property
on which the new accessory dwelling unit will be constructed;
(2) The
applicant shall indicate on the application that the proposed plans, design,
and construction shall be intended for the construction of a new accessory
dwelling unit or units, including any necessary associated infrastructure;
(3) The
applicant shall agree that any proposed plans, design, and construction shall provide
public value, including but not limited to the development of a rental unit
that shall be offered at a below-market rate or for the upgrade of communal
infrastructure;
(4) The
applicant shall agree to a deed restriction that prohibits any newly
constructed accessory dwelling unit from being:
(A) Used as a time share unit or transient vacation rental pursuant
to chapter 514E;
(B) Converted into a condominium property regime pursuant to chapter
514B; or
(C) Sold or conveyed for a period of forty-eight months;
(5) The
applicant shall agree to commence construction on any approved project within
twenty-four months of the receipt of an award under the program;
(6) The applicant shall agree to comply
with all applicable federal and state laws prohibiting discrimination against
any person on the basis of race, color, national origin, religion, creed, sex,
age, sexual orientation, disability, or any other characteristic protected
under applicable federal or state law;
(7) The applicant shall agree that any grant
moneys awarded shall not be used for purposes of entertainment or perquisites;
(8) The applicant shall agree that all
activities and improvements undertaken with funds received shall comply with
applicable federal, state, and county laws, including statutes, ordinances,
applicable building codes, and rules;
(9) The applicant shall agree to make
available to the corporation all records that the applicant may have relating
to the grant and allow state agencies to monitor the applicant's compliance
with the purpose of this chapter;
(10) The applicant shall establish, to
the satisfaction of the board, that sufficient funds are available for the
completion of plans, design, and construction, or equipment needed for the
purpose for which the grant is awarded; provided that the grant amount shall be
included among the calculation of sufficient funds; and
(11) The applicant shall comply with
other requirements or conditions as the corporation or board may prescribe.
(f)
The corporation shall not issue more than $
in total grants under this section each fiscal year. Applicants shall be awarded annually on a
rolling basis; provided that, for each of the first five fiscal years of the
accessory dwelling unit construction grant program, for the first six months of
each fiscal year, the application period shall be open only to residents of a
county with a population between one hundred thousand and one hundred fifty
thousand before other residents of the State may apply.
(g) The counties shall provide a matching subsidy through a property tax credit to be based on the property tax valuation of the property on which the accessory dwelling unit is constructed; provided that the applicant completes construction of the accessory dwelling unit within thirty-six months."
SECTION 2. Section 201H-191, Hawaii Revised Statutes, is amended to read as follows:
"§201H-191 Dwelling unit revolving fund. (a) There is created a dwelling unit revolving fund. The funds appropriated for the purpose of the dwelling unit revolving fund and all moneys received or collected by the corporation for the purpose of the revolving fund shall be deposited in the revolving fund. The proceeds in the revolving fund shall be used to reimburse the general fund to pay the interest on general obligation bonds issued for the purposes of the revolving fund, for the necessary expenses in administering housing development programs and regional state infrastructure programs, and for carrying out the purposes of housing development programs and regional state infrastructure programs, including but not limited to the expansion of community facilities and regional state infrastructure constructed in conjunction with housing and mixed-use transit-oriented development projects, permanent primary or secondary financing, and supplementing building costs, federal guarantees required for operational losses, and all things required by any federal agency in the construction and receipt of federal funds or low‑income housing tax credits for housing projects.
(b) Subject to the requirements of subsection (a), proceeds in the revolving fund may be used to establish and operate regional state infrastructure subaccounts pursuant to section 201H-191.5.
(c)
Subject to the requirements of subsection (a), proceeds in the revolving
fund shall be used to establish and operate an accessory dwelling unit
construction grant program pursuant to section 201H- ."
SECTION 3. There is appropriated out of the dwelling
unit revolving fund the sum of $
or so much thereof as may be necessary for fiscal year 2024-2025 for the
accessory dwelling unit construction grant program.
The
sum appropriated shall be expended by the Hawaii housing finance and
development corporation for the purposes of this Act.
SECTION 4. New statutory material is underscored.
SECTION 5. This Act shall take effect on July 1, 2024.
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INTRODUCED BY: |
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Report Title:
HHFDC; Counties; Accessory Dwelling Unit Construction Grant Program; Dwelling Unit Revolving Fund; Appropriation
Description:
Establishes
the Accessory Dwelling Unit Construction Grant Program within the Hawaii Housing
Finance and Development Corporation to provide funding to private property
owners for the construction of accessory dwelling units, including any
necessary associated infrastructure, to be used as below-market rental units. Makes an appropriation.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
