The Honolulu City Council is advancing bills with affordable housing mandates for developers. HPR’s Wayne Yoshioka attended the hearing and filed this report.
Mayor Kirk Caldwell would like to require developers to build more affordable housing units and keep them affordable for 30 years. He told members of the Honolulu City Council Zoning and Housing Committee that he wants affordable housing for lower wage earners.
“Where we’re focusing here is 120 percent Area Median Income (AMI) if it’s for sale; rental it’s 80 percent . But you think, 80 percent AMI level for an