Establishes the kamaaina homes program to provide affordable housing for local working residents in Hawaii.

The bill establishes the kamaaina homes program to address Hawaii's housing crisis by creating a stock of homes dedicated to local working residents. The program allows counties to purchase voluntary deed restrictions from eligible homeowners or homebuyers, ensuring the properties remain occupied by locals. Eligible residents must work at least thirty hours per week at a qualified business within the state, be involuntarily unemployed, retired, or have a disability.

Establishes the kamaaina homes program to provide affordable housing for local working residents in Hawaii.

The bill establishes the kamaaina homes program to address Hawaii's housing crisis by creating a stock of homes dedicated to local working residents. The program allows counties to purchase voluntary deed restrictions from eligible homeowners or homebuyers, ensuring the properties remain occupied by locals. Eligible residents must work at least thirty hours per week at a qualified business within the state, be involuntarily unemployed, retired, or have a disability.