Gov. Green signs bills in an effort to unlock affordable housing in Hawaiʻi
Gov. Josh Green, M.D., highlighted the achievements of the 2024 legislative session to unlock more affordable housing across the state in a ceremony at the State Capitol. Green underscored the collaborative efforts behind several significant bills aimed at addressing the state’s housing crisis.
Nonprofit launches to strengthen Hawai‘i’s rental housing landscape, amasses 17,500 member units
Since launching in January 2024, volunteer-led nonprofit Pacific Housing Association has swiftly amassed a membership exceeding 17,500 rental units statewide. It becomes the state’s first and only organization dedicated to supporting market-rate and affordable long-term rental housing providers.
Home sales hit 25-year low, housing crisis explained in UHERO factbook
The past year has brought significant shocks to the housing market in Hawaiʻi. Per the University of Hawaiʻi Economic Research Organization (UHERO), overall transactions in 2023 was only half of what it was in 2021, and fewer single family homes were transacted in Hawaiʻi last year than in any of the last 25 years.
Kaiāulu o Kūkuʻia affordable housing waitlist opening; lottery planned
A waiting list opens next month for the Kaiāulu o Kūku′ia affordable apartment project located on Keawe St. in West Maui. The project will begin accepting applications at 9 a.m. on June 24; and a lottery will be held on Aug. 20 to determine the order in which applicants are processed for eligibility.
Council Committee advances bill to allow more space for secondary farm dwellings
The Maui County Council’s Housing and Land Use Committee voted 8-1 Wednesday to recommend passage of a bill to allow a 500-square-foot increase in the size of secondary farm dwellings in agricultural districts on Maui and Lānaʻi.
Maui Planning Commission weighs in on Ledcor South Maui’s draft EIS
Maui Planning Commission members finished hearing public comments and then added their own Tuesday to a draft environmental impact statement for Ledcor South Maui’s plans to build as many as 975 homes.
Maui median home price rises to $1.3M in April
Homebuyers on Maui closed on more single-family homes and condominiums in April, according to the latest resale figures from the Realtors Association of Maui. The median sales prices for both categories also saw notable increases: single-family homes rose by 16.9% to $1.3 million, while condominiums climbed by 8.4% to $962,500, compared to April 2023.
County real property tax sale of delinquent properties set for May 21
The County of Maui Department of Finance will hold a real property tax sale on Tuesday, May 21, 2024, to auction off properties that have been delinquent for three or more years and have received a final notice of tax sale. The sale will continue on Wednesday, May 22, 2024, if necessary.
HHFDC rolls out Affordable Homeownership Revolving Fund
A new program offered by the Hawaiʻi Housing Finance and Development Corporation sets aside funds for nonprofit community development financial institutions (CDFIs) or other nonprofit housing development organizations who build self-help, for-sale housing for those in low- and moderate-income categories.
Kaulana Mahina workforce housing apartments celebrates grand opening in Central Maui
The grand opening of Kaulana Mahina Apartments—a workforce housing development in Wailuku—took place on Thursday, April 18. This event comes at a time when the chronically undersupplied housing market on Maui has been further impacted by the devastating fires of last August.
Maui’s median home price rises to $1.3M in March
Maui’s median home price rose to $1,303,692 in March of 2024, up 9.5% from 2023 when the median was $1,191,000. The data was included in the latest data released by the REALTORS® Association of Maui (RAM).
State buys former Maui Sun Hotel from Haggai Institute for fire survivor and workforce housing
The Hawaiʻi Housing Finance and Development Corp. has closed on the purchase of the former Maui Sun Hotel in Kīhei from Haggai International Institute for Advanced Leadership Training, the state agency announced Thursday.
Affordable Housing Fund financing approved for two Central Maui housing projects
Maui County Council members gave final approval Friday to amend the county’s fiscal 2024 budget and provide financing from the Affordable Housing Fund for two housing projects in Central Maui.
Maui County Council gives green light for Haggai Institute purchase
Maui County Council members gave final approval Friday morning to an intergovernmental agreement for the state to purchase the 6.2-acre Haggai Institute for affordable long-term rental housing.
1,600-unit Hoʻonani Village affordable rental housing project gets an early preview
Members of the Maui County Council’s Housing and Land Use Committee received a presentation Wednesday on conceptual plans for the 1,600-unit Hoʻonani Village multifamily rental and commercial complex in Puʻunene.
Maui median home price $1.25M in February 2024, up 16% from same time last year
The median price for a single-family home on Maui in February 2024 was $1,250,760, up 15.9% from the same time last year. The median price for a condo was $744,500, down 18.6% from the same time last year.
Maui Office of Recovery announces interim housing projects for Lahaina wildfire survivors
Mayor Richard Bissen and officials from the County’s Office of Recovery announced temporary modular home group housing projects being planned in coordination with the Federal Emergency Management Agency (FEMA), the State of Hawaiʻi and private developers to provide an estimated 4,000 interim housing units for wildfire survivors. The information was shared at the Disaster Recovery Community Update meeting held at the Lahaina Civic Center on Wednesday night.
Maui interim housing plan to be discussed at Disaster Recovery Community Update Meeting in Lahaina
The community is encouraged to attend the County of Maui’s Weekly Disaster Recovery Community Update Meeting at 5:30 p.m. Wednesday, March 6 at the Lahaina Civic Center to hear about the County’s interim housing plan.
AARP and Hawaiʻi housing agency disagree over possible loss of affordable homes
A new AARP Hawaiʻi/Smart Growth America report about the potential danger of losing affordable housing in Hawaiʻi has triggered a response from the Hawaiʻi Housing Finance and Development Corp., which is responsible for increasing and preserving the supply of affordable housing statewide.
Maui vacation rental supply no longer highest in the state, occupancy down from 2023
While a decrease was recorded in month-over-month data, Maui County vacation rental supply realized gains this January compared to January 2023.
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