Establishes a homeless services special fund and increases conveyance tax rates to fund affordable housing and homeless services.

This bill establishes a homeless services special fund to be used for homeless services and supportive housing. It increases conveyance tax rates for certain properties to fund the fund and other related programs. The bill also allows counties to apply for matching funds from the affordable homeownership revolving fund for housing projects with perpetual affordability requirements. The increased tax rates aim to address the high cost of housing and homelessness in Hawaii.

Establishes a homeless services special fund and increases conveyance tax rates to fund affordable housing and homeless services.

This bill establishes a homeless services special fund to be used for homeless services and supportive housing. It increases conveyance tax rates for certain properties to fund the fund and other related programs. The bill also allows counties to apply for matching funds from the affordable homeownership revolving fund for housing projects with perpetual affordability requirements. The increased tax rates aim to address the high cost of housing and homelessness in Hawaii.