Establishes the Kamaaina Homes Program to provide funding for counties to purchase deed restrictions on properties to ensure they remain affordable.

The bill establishes the Kamaaina Homes Program within the Hawaii Housing Finance and Development Corporation to address Hawaii's housing crisis. It aims to create a stock of homes dedicated to local working residents by allowing counties to purchase deed restrictions on properties, ensuring they remain affordable for locals. The program prioritizes workforce housing, helping to alleviate the shortage of attainable housing for essential workers like teachers, police officers, and health care providers.

Establishes the Kamaaina Homes Program to provide funding for counties to purchase deed restrictions on properties to ensure they remain affordable.

The bill establishes the Kamaaina Homes Program within the Hawaii Housing Finance and Development Corporation to address Hawaii's housing crisis. It aims to create a stock of homes dedicated to local working residents by allowing counties to purchase deed restrictions on properties, ensuring they remain affordable for locals. The program prioritizes workforce housing, helping to alleviate the shortage of attainable housing for essential workers like teachers, police officers, and health care providers.