Hawaii SB2676 aims to address the housing shortage by authorizing tax exemptions for affordable housing projects.

Hawaii SB2676 seeks to tackle the housing shortage by authorizing the Hawaii Housing Finance and Development Corporation to approve and certify general excise tax exemptions for certain housing projects. These projects must be developed under county housing incentive programs and target households with incomes at or below specific thresholds. The bill also allows counties to exercise similar powers for low- and moderate-income housing projects.

Hawaii SB2676 aims to address the housing shortage by authorizing tax exemptions for affordable housing projects.

Hawaii SB2676 seeks to tackle the housing shortage by authorizing the Hawaii Housing Finance and Development Corporation to approve and certify general excise tax exemptions for certain housing projects. These projects must be developed under county housing incentive programs and target households with incomes at or below specific thresholds. The bill also allows counties to exercise similar powers for low- and moderate-income housing projects.