Hawaii SB1133 aims to address housing affordability by allowing counties to set rental price ceilings and offering tax credits for long-term leases.

Hawaii SB1133 seeks to tackle the housing affordability crisis by enabling counties to establish rental price ceilings that limit how much landlords can increase rents, based on the Consumer Price Index. The bill also introduces a tax credit for landlords who offer long-term leases of one year or more, aiming to encourage stable, affordable housing. These measures are intended to protect tenants from excessive rent increases while providing incentives for landlords to offer long-term leases.

Hawaii SB1133 aims to address housing affordability by allowing counties to set rental price ceilings and offering tax credits for long-term leases.

Hawaii SB1133 seeks to tackle the housing affordability crisis by enabling counties to establish rental price ceilings that limit how much landlords can increase rents, based on the Consumer Price Index. The bill also introduces a tax credit for landlords who offer long-term leases of one year or more, aiming to encourage stable, affordable housing. These measures are intended to protect tenants from excessive rent increases while providing incentives for landlords to offer long-term leases.