Establishes the Kamaaina Homes Program to provide affordable housing for local 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 individuals must be U.S. citizens or resident aliens, residents of Hawaii, at least 18 years old, and work at least 30 hours per week at a qualified business within the state for five consecutive years.

Establishes the Kamaaina Homes Program to provide affordable housing for local 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 individuals must be U.S. citizens or resident aliens, residents of Hawaii, at least 18 years old, and work at least 30 hours per week at a qualified business within the state for five consecutive years.