Gov. David Ige signed a bill that will dedicate millions of dollars to the state’s effort to create more housing that people can afford, according to a July 2, 2019, press release from the governor’s office.
ACT 189 (HB1312) will add $100 million to the Rental Housing Revolving Fund over the next two years. An additional $67 million will be added to the Dwelling Unit Revolving Fund via Act 40 for infrastructure and land acquisitions.
“These funds will help the state keep the momentum going,”said Gov. Ige. “The state’s progress would not be possible without support from the Legislature and the private sector. My administration set a goal of 10,000 new units by 2020. We remain committed to building housing that Hawai‘i families can afford.”
In the past four years, the state has completed 6,700 units – 60 percent of them affordable. There are 7,700 additional units in the pipeline, with 80 percent of them affordable and the vast majority will be rentals.
The governor also signed the following measures in bill signing ceremonies today:
In addition, Gov. Ige signed the following bills on June 27, 2019:
ACT 158 SB1525 Relating to Home Care Agencies
ACT 159 SB1091 Relating to the Department of Transportation
ACT 160 SB998 Relating to Special Purpose Revenue Bonds for Hawaiian Electric Company, Inc.; Maui Electric Co, Ltd. and Hawai‘i Electric Light Company, Inc.
ACT 161 SB981 Relating to the Hawai‘i Teacher Standards Board Special Fund
ACT 162 SB398 Relating to Homelessness
ACT 163 HB1449 Relating to the Nursing Facility Sustainability Program
ACT 164 HB1455 Relating to the University of Hawai‘i
ACT 165 HB1273 Relating to Health
ACT 166 HB1068 Relating to He‘eia State Park
ACT 167 HB820 Relating to Housing
ACT 168 HB843 Relating to Hawai‘i Community College
ACT 169 HB703 Relating to Intoxicating Liquor
ACT 170 HB551 Relating to Cesspools
ACT 171 HB420 Relating to Hawaiian Culture
ACT 172 HB398 Relating to the University of Hawai‘i
ACT 173 HB1270 Relating to the Hospital Sustainability Program
ACT 174 SB162 Relating to Taxation (Signed July 1)
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