This bill aims to preserve affordable housing in Hawaii by allowing tenants and others to match offers to buy the property.

This bill seeks to prevent the displacement of local working families in Hawaii by preserving affordable housing. It requires landlords to notify tenants of their right to purchase the property. Owners must also notify tenants, local governments, nonprofits, and land trusts of any sale intent. Eligible parties, including tenants, have 45 days to match or beat any offer to buy the property. The bill defines "eligible affordable housing property" and "eligible party" and outlines the notice and matching requirements.

This bill aims to preserve affordable housing in Hawaii by allowing tenants and others to match offers to buy the property.

This bill seeks to prevent the displacement of local working families in Hawaii by preserving affordable housing. It requires landlords to notify tenants of their right to purchase the property. Owners must also notify tenants, local governments, nonprofits, and land trusts of any sale intent. Eligible parties, including tenants, have 45 days to match or beat any offer to buy the property. The bill defines "eligible affordable housing property" and "eligible party" and outlines the notice and matching requirements.