Modernizes Hawaii Community Development Authority's financing and development strategies.
The bill updates the Hawaii Community Development Authority's approach to financing public infrastructure, shifting responsibility from developers to innovative revenue sources. It enables the creation of complete communities with stronger public infrastructure and amenities, while lowering housing and living costs. The authority can establish assessment areas within community development districts, issue bonds, and fix assessments against specially benefited real property.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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