Allows residential development on certain Kakaako parcels to increase revenue for native Hawaiians.

This bill amends Hawaii law to allow the Hawaii Community Development Authority to approve residential developments on certain parcels in the Kakaako makai area. It mandates that at least 50% of the residential units be allocated to households with income at or below 140% of the area median income, with priority for essential workers. The bill also establishes a Kakaako makai special fund to be used for various services and projects in the area.

Allows residential development on certain Kakaako parcels to increase revenue for native Hawaiians.

This bill amends Hawaii law to allow the Hawaii Community Development Authority to approve residential developments on certain parcels in the Kakaako makai area. It mandates that at least 50% of the residential units be allocated to households with income at or below 140% of the area median income, with priority for essential workers. The bill also establishes a Kakaako makai special fund to be used for various services and projects in the area.