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Affordable-housing bill poised for final Council vote today

  • BRUCE ASATO / BASATO@STARADVERTISER.COM

    The affordable-housing bill was initiated by Mayor Kirk Caldwell as part of the affordable-housing plan he rolled out in September 2014. His goal: Allow developers and property owners to provide fewer affordable units than they’re now required in exchange for pricing those units lower and keeping them at affordable rates longer than they currently do.

Developers and homebuilders would no longer be able to pay cash “in-lieu” fees under a new affordable-housing policy that’s scheduled for a final vote of the Honolulu City Council today. Read more

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