Honolulu bill creates incentives for affordable rental developers

Honolulu Mayor Kirk Caldwell on Tuesday signed into law a bill that provides incentives to owners of small parcels of land in apartment- and business-mixed-use-zoned areas for building walk-up rental buildings for tenants making 100 percent or below the.....»»

The Malama Meals program, in partnership with the City and County of Honolulu, will start delivering meals to seniors who live in city-owned senior affordable rental buildings on Saturday......»»

Developers of low-cost housing and homelessness advocates say paying the prevailing wage will put them in the poorhouse. Three of the leading industry groups representing below-market builders... To view the full story, click the title link......»»

Nonprofit affordable housing organization EAH Housing named Laura Hall as its president and CEO earlier this week. EAH Housing manages approximately 2,000 affordable housing rental units in 20 properties on Oahu, Maui and Kauai. In Honolulu, it servi.....»»

The adaptive reuse of the derelict building, which sat vacant as it went through several owners and several failed redevelopment plans over the past 10 years, is one of several residential rental projects planned for Downtown Honolulu......»»

Hawaii affordable housing developer Ahe Group and Redwood Housing on Thursday marked the opening of the $17.3 million redevelopment of the Hausten Gardens senior affordable rental in Honolulu. Ahe Group and Redwood Housing acquired the 50-unit bui.....»»

The developers of the $100 million, 324-unit mostly affordable Wailuku rental proaject on Maui have resubmitted a draft environmental assessment to the state, two months after withdrawing the initial document that had been submitted last fall. Legacy .....»»

Gov. David Ige on Friday signed into law a bill that injects more than $200 million into two state funds for affordable housing in Hawaii, and expands a tax exemption for affordable units. House Bill 2748 adds $200 million to the state’s Rental.....»»

Austin Community Foundation's new $15 million Housing Accelerator Fund will help developers of affordable housing fill in the gaps in their financing — and it has backing from some big names on the Austin business scene......»»

Developers are planning a mixed-use apartment building that would include at least 60 units of affordable housing and 40,000-square-feet of ground floor commercial space with childcare, a clinic and a food hall incubator......»»

Two Phoenix zoning attorneys weigh in on the potential impacts and pitfalls of a new law that will allow developers to convert a number of old commercial buildings in the Valley into residential development without the zoning process......»»

Additionally, according to the report, increased investment activity “aims to revitalize Honolulu’s Central Business District,” and developers and investors “identify conversion opportunities” in the CBD......»»

A bill passed by the city Board of Aldermen.....»»

Chicago's two-, three- and four-flats have historically been a path to homeownership and a key source of lower-cost, family-sized rental housing. Once lost, they are hard to replace with similarly large, affordable u.....»»

Chicago's two-, three- and four-flats have historically been a path to homeownership and a key source of lower-cost, family-sized rental housing. Once lost, they are hard to replace with similarly large, affordable u.....»»

The mayor also outlined a series of benchmarks that developers seeking incentives from the city must meet, including a willingness to consent to clawback provisions......»»

Once the program has 4,000 applications, it will temporarily close to allow the City to process applications and make payments. Future rounds of applications will open the first working Monday of each month, as long as the program has funding......»»

A bill passed on Sunday "creates an incentive for fuel producers to transition to cleaner fuels and focus on the impacts of climate change," an industry representative says. "Those who don’t will be left behind.".....»»

HB286, which was sent to Gov. David Ige on Friday, requires a REIT to notify the state Department of Taxation of its operations in the state no later than 15 days after starting business here......»»

The City and County of Honolulu has pressed pause on the start of a registration process for vacation rentals on Oahu following concerns raised at a public hearing on the process earlier this month. The short-term rental registration program was to h.....»»