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How affordable should city's apartments be?

By Vicki Viotti

POSTED: 01:30 a.m. HST, Jul 13, 2014

~~<p>Honolulu leaders have wrestled over what role city government should play in managing Oahu's affordable housing since the city shuttered its Department of Housing and Community Development in the wake of a corruption scandal in 1998.</p>
<p>The 12 city-owned subsidized rental projects had operated at a loss for so long that officials decided to sell the buildings, but they have not yet been able to close a deal with a buyer. Three of the largest complexes are in Chinatown, and the latest proposal to set the policies governing the sale has included an effort to change the mix of tenants there.</p>
~~

Honolulu leaders have wrestled over what role city government should play in managing Oahu's affordable housing since the city shuttered its Department of Housing and Community Development in the wake of a corruption scandal in 1998.

The 12 city-owned subsidized rental projects had operated at a loss for so long that officials decided to sell the buildings, but they have not yet been able to close a deal with a buyer. Three of the largest complexes are in Chinatown, and the latest proposal to set the policies governing the sale has included an effort to change the mix of tenants there. Login for more...



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