Honolulu officials say lack of land, city subsidies hinder affordable housing growth hawaiipublicradio.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hawaiipublicradio.org Daily Mail and Mail on Sunday newspapers.
Movement has been frustratingly slow on construction of affordable urban apartment buildings in Honolulu under a program known as Bill 7, despite a $10 million pot of grants that’s been set aside to incentivize developers.
The Honolulu City Council has advanced a first-reading measure meant to give private developers of affordable rental projects more financial incentives to build.
Dean Minakami has been appointed as the executive director of the Hawaiʻi Housing Finance and Development Corporation, bringing his extensive experience and leadership to advance affordable housing opportunities in the state.