Development of Affordable Rental Units Scheduled for First Reading
- Details
- Published: March 4, 2019
The City Council meets on March 8 at 10 A.M., and will hear bills to increase development of affordable rental housing on Oahu. The Affordable Rental Housing Report and Ten-Year Plan (July 2018), published by the Special Action Team on Affordable Rental Housing Report pursuant to Act 127 (Session Laws of Hawai’i 2016), states, in part, “Although many reasons contribute to the lack of affordable rental housing units for low- and moderate-income households, the primary reason is a poor rate of return for investments in affordable rental housing projects.”