Establishes the Banyan Drive Community Development District in Hawaii, creating a special fund and appointing a redevelopment agency.

This bill establishes the Banyan Drive Community Development District in Hawaii, creating a special fund for the district. It appoints a redevelopment agency to oversee the district's revitalization, focusing on cultural, economic, and public facility improvements. The fund will receive revenues, income, and receipts from the authority, including leases, grants, gifts, and appropriations. The authority can secure federal financial aid and engage in planning, design, and construction activities.

Establishes the Banyan Drive Community Development District in Hawaii, creating a special fund and appointing a redevelopment agency.

This bill establishes the Banyan Drive Community Development District in Hawaii, creating a special fund for the district. It appoints a redevelopment agency to oversee the district's revitalization, focusing on cultural, economic, and public facility improvements. The fund will receive revenues, income, and receipts from the authority, including leases, grants, gifts, and appropriations. The authority can secure federal financial aid and engage in planning, design, and construction activities.