HAWAII'S AFFORDABLE HOUSING CRISIS HAS BEEN GOING ON OR DECADES.

ONLY GOTTEN WORSE IN THE LAST COUPLE OF YEARS.

DURING THE 2022 ELECTIONS, NEARLY EVERY CANDIDATE SAID THAT AFFORDABLE HOUSING WAS A TOP PRIORITY.

>> EFFORTS FROM THE GOVERNOR'S OFFICE AND LEGISLATURE ARE LOOKING TO ADDRESS THE CRISIS.

WHAT ARE THEY DOING AND WITH WHETHER THEIR INITIATIVES WORK?

AFFORDABLE HOUSING, IS IT POSSIBLE?

JOIN THE CONVERSATION NEXT ON INSIGHTS ON PBS HAWAII.

¶¶ ¶¶ ALOHA AND WELCOME TO INSIGHTS ON PBS HAWAII.

I’M YUNJI DE NIES.

EVERY ELECTION CYCLE CANDIDATES POINT TO THE COST OF LIVING AND THE LACK OF AFFORDABLE HOUSING AS THE BIGGEST ISSUES FACING OUR STATE.

AND THE PROBLEM IS NOTHING NEW.

IN 1970, A STATE COMMISSION REPORT SAID HAWAII HAD AN AFFORDABLE HOUSING CRISIS.

GOVERNOR GREEN HAS REVEALED SOME OF HIS PLAN TO ADDRESS THIS ISSUE AND THERE ARE SEVERAL PIECES OF LEGISLATION BEING HEARD RIGHT NOW IN BOTH THE SENATE AND THE HOUSE CONCERNING AFFORDABLE HOUSING.

WHAT IS BEING DONE BY OUR LOCAL LEADERS AND WILL ANY OF THESE INITIATIVES PROVIDE LASTING SOLUTIONS FOR THIS DECADES‑LONG CRISIS?

WE LOOK FORWARD TO YOUR PARTICIPATION IN TONIGHT’S SHOW.

YOU CAN EMAIL US OR CALL US WITH YOUR QUESTIONS.

WE ALSO ENCOURAGE YOU TO GET INVOLVED WITH THE CONVERSATION ON OUR FACEBOOK PAGE.

NOW, TO OUR GUESTS.

STATE SENATOR STANLEY CHANG CHAIRS THE SENATE HOUSING COMMITTEE.

HE REPRESENTS SENATE DISTRICT 9 WHICH COVERS HAWAI‘I KAI TO DIAMOND HEAD.

HE’S A HARVARD LAW SCHOOL GRADUATE, AND PRACTICED REAL ESTATE LAW LOCALLY BEFORE GETTING INTO LOCAL GOVERNMENT.

REPRESENTATIVE TROY HASHIMOTO REPRESENTS HOUSE DISTRICT 8 ON MAUI.

HE IS THE CHAIR OF HOUSING COMMITTEE.

HE WAS BORN AND RAISED ON MAUI AND EARNED HIS BACHELOR’S AND MBA FROM THE UNIVERSITY OF DENVER.

KENNA STORMOGIPSON IS THE DIRECTOR OF HOUSING POLICY AT THE HAWAII APPLESEED CENTER FOR LAW AND ECONOMIC JUSTICE.

KENNA COMPLETED A MASTERS DEGREE IN PUBLIC AFFAIRS FROM THE UC BERKELEY AND WROTE HER THESIS ON AFFORDABLE HOUSING IN HAWAII.

NANI MEDEIROS IS THE CHIEF HOUSING OFFICE FOR GOVERNOR JOSH GREEN.

PRIOR TO HER APPOINTMENT, SHE SERVED AS THE EXECUTIVE DIRECTOR OF THE NON‑PROFIT HOMEAID HAWAII.

SHE GRADUATED WITH A DEGREE IN POLITICAL SCIENCE FROM THE UNIVERSITY OF HAWAII AT MANOA.

THANK YOU ALL FOR BEING HERE TONIGHT.

THIS IS SUCH AN IMPORTANT ISSUE AND WHEN YOU LOOK AT PROBLEMS PLAGUING OUR STATE, IT REALLY FEELS LIKE ALL LEAD TO HOUSING.

FIRST PERSON TO HAVE THIS TITLE AN THIS POSITION.

GOVERNOR CREATED IT SPECIAL.

TELL US WHAT DO YOU THINK OR WHAT IS THE GOVERNOR WORKING ON RIGHT NOW?

WHAT ARE YOU WORKING ON RIGHT NOW THAT WILL ADDRESS THIS DIFFERENTLY THAN BEEN DONE THIS YEARS PAST?

>> WE'RE DOING A FEW THINGS.

VERY GENERAL STANDPOINT, WE ARE APPROACHING INCREDIBLY COMPREHENSIVELY.

PLAN RIGHT NOW TEN PILLARS WE'RE LOOKING AT.

>> WITHIN THOSE TEN PILLARS 157 IDEAS AND SOLUTIONS WE'RE EXPLORING.

OUR MOST MADE ONE THAT WE ARE WORKING ON RIGHT NOW IS ISSUING EMERGENCY PROCLAMATION ON HOUSING.

TO HELP ADDRESS SOME OF THE BARRIERS AND IMPEDIMENTS TO BUILDING.

WE'RE REALLY FOCUSING ON WHAT CAN GOVERNMENT DO TO DIRECTLY INCREASE MORE HOUSING, AND MAKE HOUSING MORE AFFORDABLE?

WHAT WITHIN OUR SCOPE, WHICH IS PRIMARILY THINGS LIKE LAND, INFRASTRUCTURE INVESTMENT AND REGULATIONS.

157 THINGS WE'RE LOOKING AT.

RIGHT NOW, PRIORITY IS GET OUT AS SOON AS POSSIBLE.

>>Yunji: SENATORS CHANG, WHAT YOUR THOUGHTS ABOUT THE GOVERNOR'S STRATEGY AS NANI JUST LAID OUT AND WHAT IS THE SENATE DOING SPECIFICALLY THIS TERM THAT COULD MAKE A DIFFERENCE?

>> VERY EXCITING TO BE ABLE TO WORK WITH SOMEONE LIKE NANI.

AS YOU MENTIONED RECENTLY HISTORY HAVEN'T HAD A GOVERNOR OR ADMINISTRATION THAT WAS SO DEDICATED TO HOUSING.

THAT WAS ALL TRULY THROUGH THE CAMPAIGN.

THROUGH INDIVIDUALS WITH NANI AND STATE OF THE STATE ADDRESS.

SENATE SENATE FOCUS ON COUPLE OF THINGS.

PUBLIC SECTOR.

ONE OF THE REALIZE HOUSING SENATE FIVE YEARS AGO AREN'T MAXIMIZING TOOLS WE CURRENTLY DO HAVE.

AND AS YOU KNOW, LED DELEGATION TO VIENNA AUSTRIA, SINGAPORE AND HONG KONG.

ONE THING THOUGH HAVE IN COMMON ABLE TO BUILD A LOT OF HOUSING ON REVENUE NEUTRAL BASIS MAKE IT AVAILABLE INCOME BLIND BASIS.

DEVELOP SO MUCH HOUSING IN SUCH A SHORT AMOUNT OF TIME.

LOOKING FORWARD TO WORKING WITH THE ADMINISTRATION ON JUMP STARTING DIRECT PUBLIC PROVISION OF HOUSING.

IN THAT, KIND OF NEW OLD WAY.

>>Yunji: I HAVE TO ASK.

HOW CAN THEY DO THAT?

REVENUE NEUTRAL WAY?

HOUSING COST MONEY.

>> ITS TO COST MONEY.

IT'S HAPPENING RIGHT NOW.

UNIVERSITY OF HAWAII BUILDING TWO DORMS RIGHT NOW THAT ARE REVENUE NEUTRAL.

ALSO INCOME BLIND.

NOT TAKING ANY REVENUE FROM THE TAXPAYORS.

CITIES LIKE SINGAPORE AND VIENNA, SEEM REALLY WELL RUN COMPARED TO WHAT WE HAVE HERE.

THEY ARE AND WERE IN MANY RESPECTS POORER THAN WE ARE.

DON'T HAVE THE TAX BASE TO TAX AND SPEND THEIR WAY OUT OF THOSE DRYCY.

ESPECIALLY IN 1920 AND 1960.

CREATIVE TO BUILD HOUSING IN FISCAL PRUDENT MANNER.

WE LOST THAT HERE.

>> I THINK THERE'S MANY APPROACHES WE'RE TAKE IN THE HOUSE.

I THINK ONE OF BIGGEST ONCE IS JUST PASSED OUT BUDGET FOR THE HOUSE DRAFT FOR THE STATE BUDGET.

REMAIN COMMITTED TO FUNDING PROGRAMS LIKELIKE THE RENTAL HOUSING REVOLVING FUND, DWELLING UNIT REVOLVING FUND, RENTAL HOUSE REVOLVING FUND.

RENTAL.

MORE INFRASTRUCTURE.

MADE INITIAL $150 MILLION INVESTMENT.

THAT'S THE START OF IT.

HAVE BILLS MOVING WE HOPE TO INSERT MORE MONEY INTO THE BUDGET FOR HOUSING.

I THINK A LOT OF IT IS MAKING SURE THAT GOES TO THE RIGHT PLACES.

I THINK INFRASTRUCTURE INVESTMENT IS THE LONGTERM KEY TO MAKE SURE THAT THINGS WITHIN THE TRANSIT‑ORIENTED DEVELOPMENT AREA, WE HAVE A TRAIN COMING, THAT'S GOING TO BE TRANSFORMATIONAL WHERE HOUSING CAN BE BUILT.

WEST OAHU CAN BE UNLOCKED GIVE IT LITTLE BIT OF FUNDS FOR INFRASTRUCTURE TO ON‑SITE INFRASTRUCTURE.

A ATTRACT A LOT OF DEVELOPERS.

LOOK AT THE GENERAL BARRIERS WHAT IS HAPPENING WITH AFFORDABLE HOUSING.

SOMETIMES IT'S JUST VARIOUS DEPARTMENTS VARIOUS PROCESS SLOWING THE PROCESS MAKING HOUSING AVAILABLE.

LOOK STATE HISTORIC PRESERVATION DIVISION.

HOW PERMITS BEING PROCESSED.

BILLS MOVING LOT OF TIMES, PERSONNEL, HUMAN RESOURCES MAKING SURE THEY HAVE WHAT THEY NEED TO MAKE SURE PROJECTS ARE MOVING FORWARD.

LOT OF TIMES WHAT WE HAVE OUR CONTROL.

FUNDING.

LISTEN TO DEPARTMENTS, UNDERSTAND WHY THINGS AREN'T MOVING.

GIVEN THEY WILL RESOURCES.

LEGISLATURE, WE HESITATE SOMETHING WE'RE UP SURE IF WE GIVE THEM MORE MONEY, GOING TO HAPPEN.

WE HAVE TO GIVE THEM A CHANCE.

I THINK WE A TRANSFORMATIONAL TIME WITH THE DEPARTMENT HAWAIIAN HOME LANDS.

GIVE THEM $600 MILLION.

HOUSE IS VERY, VERY COMMITTED TO MAKING SURE ALL OF THAT IS SPENT ON HOUSING.

>>Yunji: I WANT TO BRING YOU IN.

MENTIONED OFF THE TOP, ISSUE FLAGGED IN 1970 HERE WE ARE DECADES LATER FACING THE SAME THING.

WHEN WE TALK ABOUT THE  150 MILLION HOUSE IS NOW ALLOCATEING TOWARDS THIS, WHERE SHOULD THE LION'S SHARE THAT FUNDING TO GO TO MAKE A SIZABLE DIFFERENCE?

>> GREAT DIFFERENCE.

NEED MONEY FOR THE INFRASTRUCTURE AND LAND.

REALLY NEED TO FINANCE THE BUILDING WITH PUBLIC MONEY.

RIGHT NOW, ONLY 7% OF OUR HOUSING TOTAL IN HAWAII WAS FINANCED WITH PUBLIC MONEY.

MEANING REST IS PRIVATELY FINANCED AND CAN BE SOLD TO WHOEVER WANTS TO PAY AROUND THE WORLD MAXIMUM PRICE.

SO THERE IS NO PRICE CONTROL.

9% OF OUR HOUSING.

THAT'S WHY WE ARE SEEING PRICES GO UP AND UP AND COMPLETELY DIVORCE THE FROM LOCAL WAGES.

SO THIS 150 MILLION, IF WE'RE STRATEGIC ABOUT IT, WE USE SOME OF THE FEDERAL INFRASTRUCTURE MONEY, COMING, WE KNOW THERE'S A LOT OF FEDERAL INFRASTRUCTURE MONEY COMING IN, WE MAKE SURE IT GOES TO LAND.

HOPEFULLY, PUBLICLY OWNED ALREADY.

COUNTY STATE.

THEN PUT THAT $150 MILLION TOWARDS BUILDING IT.

WHICH IS WHAT THEY DO IN VIENNA SINGAPORE AND OTHER LANDS.

IF WE'RE PUTTING UP FRONT FINANCING THIS HAS TO GO TO HAWAII RESIDENTS.

KEPT PRICE AFFORDABLE LONGTERM.

ONLY MONEY IN THE GROUND PRIVATELY CONTROLLED, LOSE CONTROL.

>>Yunji: WHAT DO YOU THINK OF HAVING THE GOVERNMENT HAVE MORE CONTROL WHO GETS TO BUY IT?

>> I'M STILL EVALUATING THAT CONCEPT.

THAT IS PRETTY NEW.

VERY DIFFERENT.

AND I WOULD THINK IT COULD CONTROVERSIAL.

RIGHT?

SENATOR CHANG, WHAT ARE YOUR THOUGHTS ON THAT?

>> I THINK THAT THERE'S A REALLY IMPORTANT POINT TO BE MADE HERE.

EVEN THE PROJECTS THAT ARE GOVERNMENT FINANCED, USING MECHANISMS LIKE THE FEDERAL LIHTC OR LOW INCOME HOUSING TAX PROGRAM, REVOLVING FUND THOSE ARE STILL PRIVATELY OWNED AND IN MANY CASES, CAN WITHIN JUST A FEW YEARS, SNAP UP TO MARKET RENTS.

AND AS A RESULT, THE OWNER, DEVELOPER, RECIPIENT OF THESE PUBLIC FUNDS IS THEN ABLE TO POCKET A WINDFALL FROM HAVING THE TAXPAYOR BUILD THE BUILDING, BUT OWN NONE OF IT.

THE PRIVATE DEVELOPER PAYING FOR NONE OF IT BUT OWNING 100% OF IT.

SO I REALLY DO BELIEVE THAT IF THE TAXPAYOR PAYS FOR SOMETHING, TAXPAYOR SHOULD OWN IT.

AND ONE EXAMPLE THAT WE WERE TALKING ABOUT EARLIER, IS CLARENCE CHING FOUNDATION.

MADE A LOT OF MONEY THROUGH FEDERAL PUBLIC HOUSING.

I HAVE A TON OF RESPECT BECAUSE THEY'RE VERY PHILANTHROPIC.

BUILT THIS STUDIO.

IT DIDN'T STAY IN HOUSING.

DO OTHER THINGS.

FURTHER AS A RESULT, HOUSING SHORTAGE CONTINUED TO DEEPEN.

>>Yunji: YOUR THOUGHTS?

I DON'T KNOW THAT PEOPLE WANTS TO SEE AFFORDABLE HOUSING STAY AFFORDABLE.

QUESTION OVER HOW MUCH THE GOVERNMENT SHOULD CONTROL WHO BUYS WHAT?

>> I AGREE WITH A LOT WHAT HAS BEEN SAID.

I THINK PART OF IT IS WE HAVE TO TAKE LOOK AT WHAT IS THE ROLE OF GOVERNMENT.

TAKE A LOOK AT THE ROLE OF GOVERNMENT, OUR ROLE IS TO MAKE SURE THINGS WE NEED TO MAKE HAPPEN, DOES HAPPEN, SEWER, WATER BASIC.

HAVEN'T BEEN DOING THAT.

TRUSTING PRIVATE SECTOR DO THAT EXPECTING BETTER RESULTS.

>> WHEN YOU GIVE IT TO THE PRIVATE SECTOR, YOU GIVE UP A LOT OF CONTROL.

SO I THINK WHEN YOU TAKE AWAY A LOT OF THE COST, WHAT YOU REALLY WANT TO DO MAKE KIND OF A MARKET RATE HOUSING STAYS MARKET RATE FOREVER.

WE DON'T WANT THIS KIND OF ARTIFICIALLY LOW PRICE.

IS I THINK A LOT OF TIMES, WHEN YOU TAKE A LOOK AT INFRASTRUCTURE, YOU CAN GET A LOT OF BRING DOWN THE COST, YOU HAVE THE PRIVATE DEVELOPERS DEVELOP IT, AND THEY CAN KIND OF TAKE CARE OF THE MARKET, MARKET FORCES WILL TAKE CARE OF ITSELF BRING DOWN THE COST.

SO THE GOVERNMENT KIND OF STEPS AWAY.

WE DID THE ON‑SITE INFRASTRUCTURE TO GET YOU STARTED.

REALLY PRIVATE SECTOR KIND OF TAKES THE REST.

YOU'RE NOT USING A LOT OF GOVERNMENT RESOURCES.

SPREAD SMALL AMOUNT OF GOVERNMENT RESOURCE AS MUCH AS YOU CAN.

START PROJECTS AND DON'T NECESSARILY WANT TO HOLD ON TO TOO MANY OF THEM.

YOU NEEDED PRIVATE SECTOR.

WORKING HAND IN HAND.

UNDERSTANDING THAT WE'RE ALL AFRAID THAT'S GOING TO GO UP AND COSTS ARE GOING TO GET OUT OF CONTROL.

NEED TO CONTINUE BUILDING.

TO GET THAT VOLUME YOU NEED TO HELP OF THE PRIVATE SECTOR TO GET ON ALL OF THAT HOUSING UP.

WE SHOULD BE FOCUSING ON INFRASTRUCTURE VERSUS TRYING TO CONTROL EVERYTHING.

>>Yunji: YOU MENTIONED 157 IDEAS DON'T THINK WE CAN GO THROUGH ALL OF THEM TONIGHT.

ONE OF THEM IS REALLY EXCITING AND DIFFERENT IS THIS TINY HOMES CONCEPT.

TINY HOME.

CAN YOU TELL US A LITTLE BIT ABOUT THAT BECAUSE WHAT'S INTERESTING I THINK ABOUT THAT ALSO IS THAT CAN BE DONE A LOT QUICKER.

THAN A TRADITIONAL DEVELOPMENT.

WHERE THE STATE IS FOCUS ON THAT THAT AN WHAT KIND OF DIFFERENCE DO YOU THINK COULD MAKE.

>> KAUHALE SUGGESTION CAME ABOUT THROUGH LIEUTENANT GOVERNOR GREEN'S WORK TO ADDRESS HOMELESSNESS.

FEW OF THEM HAVE POPPED UP OVER THE LAST FEW YEARS.

SMALLER AREA OF LIVING.

>> BUT A PRIVATE SPACE FOR INDIVIDUAL TO LIVE.

AND COMMUNAL AND SHARED SPACES THROUGHOUT THE COMMUNITIES THAT ENCOURAGING PEOPLE TO GATHER.

USING THE BUILT ENVIRONMENT TO BUILD COMMUNITIES.

WITHIN THE RESIDENTS.

IT'S THE CONSTRUCTION COSTS ARE LOWER BECAUSE YOU'RE SHARED SPACES, SHARED KITCHEN, SHARED BATHROOM, SHARED LAUNDRY, SHOWER, THAT'S ALL GOING TO SAVE YOU ON INFRASTRUCTURE COSTS.

AND YOUR INFRASTRUCTURE COSTS ARE GOING TO BE HIGHEST COSTS.

ASIDE FROM LAND.

SO IT'S REALLY BEEN A CENTER FOCAL POINT OF GOVERNOR'S WAY TO ADDRESS HOMELESSNESS SINCE I'D SAY IN THE LAST FEW MORNINGS HAD A NUMBER OF PEOPLE REACH OUT NEIGHBOR ISLANDSES AND HONOLULU AND MAJORITY OF THEM ARE PRIVATE LANDOWNERS INTERESTED THIS DOING KAUHALE ON THEIR PROPERTY.

NOT JUST FOR HOMELESSNESS.

YOU'VE HAD SOME REACH OUT WHO WANTED TO DO COMBINATION KAUHALE WITH AFFORDABLE HOUSING ALSO ON SITE.

SO THAT THE AFFORDABLE HOUSING THINKING RETAILS OR FOR SALE CAN HELP SUPPORT OPERATING COST FOR THE KAUHALE.

ANOTHER TRUST APPROACHED US THAT WANTS TO DO A KAUHALE.

MULTIGENERATIONAL.

NOT EXPERIENCING HOMELESSNESS.

KUPUNA DOWN TO KEIKI TO LIVE TOGETHER.

HAVE THAT KIND OF COMMUNITY BE BUILT.

INTERGENERATIONAL CAN HAPPEN.

>>Yunji: AT THE END OF SINGLE‑FAMILY HOME.

YOU HAVE IN YOUR TRIPS, TO SINGAPORE AND VIENNA, HAVE SEEN THESE REALLY HIGH DENSITY PROJECTS.

TELL US ABOUT WHAT YOU THINK AFFORDABLE HOUSING LOOKS LIKE IN HAWAII?

IS IT MORE OF KAUHALE CONCEPT SHE'S TALKING ABOUT?

IS IT A MIX?

WHERE DO YOU THINK WE GET THE MOST BANG FOR OUR BUCK AND QUICKEST RESULT.

>> I THINK KAUHALE WILL SUIT SPECIFIC CONTEXTS HIGH DENSITY WILL SUIT OTHER SPECIFIC CONTEXTS.

WE ARE BUILDING RAIL SYSTEM.

PURPOSE OF RAIL IS TO FACILITATE GROWTH ALONG THAT CORRIDOR AND PRESERVE NEIGHBOR IS NOT ALONG THAT CORRIDOR.

WHAT IS IMPORTANT IS THE STATE IS THE LARGEST LANDOWNER ALONG THE RAIL LINE.

BY A LOT.

IN FACT, MOST OF THE STATIONS ARE ON STATE OWNED PROPERTY.

AND THAT IF WE ARE ABLE TO BUILD HIGH DENSITY ON THOSE NEIGHBORHOODS, WE CAN LIMIT THE IMPACT FUTURE GROWTH AND DEVELOPMENT REST OF STATE.

SINGAPORE MAXIMIZED HIGH DENSITY TOWERSND THAT MIGHT BE SCARY TO SOME, YOU THINK THE DEAL IS IF YOU ACCEPT A LOT OF HIGH DENSITY IN SPECIFIC AREAS, A LOT OF OTHER AREAS CAN REMAIN PRESERVED AN ESSENTIALLY THE SAME WITH RESPECT TO THE CHARACTER OF THE COMMUNITY.

>>Yunji: WHEN WE'VE THIS CONVERSATION IN THE PAST, I THINK A LOT OF FOLKS SAY, I DON'T WANT HAWAII TO BE SINGAPORE.

YOU JUST REFERENCED THAT TOO.

THERE IS A LITTLE BIT OF AVERSION TO HAVING MORE AND MORE TOWERS WHAT DO YOU SAY TO FOLKS THAT IT KIND OF PUSH BACK I EA.

>> I DON'T WANT TO BE SINGAPORE HERE.

RESIDENTS MOVING TO SINGAPORE, U.S. MAINLAND ALL OVER THE WORLD.

7 YEARS POPULATION DECLINE.

NATIVE HAWAIIANS LIVING OUTSIDE THAN IN.

HAWAII BORN COLLEGE GRADUATES LIVING OUTSIDER HAWAII THAN IN HAWAII.

WE CAN EITHER KEEP BUILDINGS EXACTLY THE SAME OR KEEP THE PEOPLE.

BUT WHICH CAN'T HAVE BOTH.

>>Yunji: INTERESTING WAY TO PUT T TAKE THAT ONE.

GETTING VIEWER QUESTIONS IN.

KEEP THOSE QUESTIONS COMING.

NEW DEVELOPMENT SLATED TO OPEN IN A COUPLE OF YEARS IN HONOLULU.

HAS AFFORDABLE AND MARKET UNIT SALE.

AFFORDABLE $370,000 FOR ONE BEDROOM.

THIS IS FOR QUALIFIED RESIDENTS WHO MEET FF HD C REQUIREMENTS.

TALK ABOUT AFFORDABLE HOUSING.

WIDE SCALE A LOT OF DIFFERENT DEFINITIONS WHAT AFFORDABLE.

>> SHOULD BE 30% OF YOUR WAGE.

ABOUT THAT PROJECT INCLUSIONRY ZONING PROJECT MEANING THERE WAS NO PUBLIC FINANCING THAT WENT INTO IT.

ALL PRIVATE MONEY.

AND WHAT WE'RE ASKING FOR THAT PROJECT IS CAN YOU GIVE US SOME AFFORDABLE 80% PRIVATE MARKET.

MOST OF NOT BE ABLE TO AFFORD.

CONTINUE GO UP IN PRICE.

THOSE UNITS, SOME PEOPLE WILL BE ABLE TO MOVE IN THOSE.

THAT'S NOT ENOUGH.

WE NEED AT LEAST HALF OF WHAT WE ARE BUILDING TO BE PRICE RESTRICTED LONGTERM NOT JUST 20%.

NEVER GOING TO GET THERE WITH 20% IS PRICE RESTRICTED AND 80% IS OPEN TO MARKET FORCES AND TO THAT PERSON'S POINT, SOME THOSE BUILDINGS CAN THEN FIVE, TEN YEARS LATER SOLD FOR, MARKET PRICE.

WE LOSE THAT AFFORDABILITY.

>> I DON'T THINK THAT'S A GOOD WAY GO AND I THINK AGAIN, IT REALLY COMES BACK DOWN TO FINANCING IT.

DHHL IS VERY EXCITING.

THEY HAVE 9,000 UNITS AND HOW DO THEY MAINTAIN AFFORDABILITY?

KNOW PRIVATE INVESTMENT IN DHHL.

100% INITIALLY FINANCED BY THE PUBLIC.

AND IT STAYS RESTRICTED TO A MARKET.

BENEFICIARIES STAYS AFFORDABLE PRETTY MUCH FOREVER.

>>Yunji: I WANT TO BRING IN, LOVE FOR YOU AT THAT TAKE THESE.

QUESTIONS HAVE SAME TENOR HOW CAN WE ASSURE HOPES ARE BUILT FOR OUR LOCAL RESIDENTS RATHER THAN PEOPLE WHO WANT TO MOVE HERE?

MANY RESIDENTS ARE BEING FORCED TO MAKE THE DECISION TO LEAVE.

HOW CAN WE ASSURE HOMES ARE BUILT FOR LOCAL RESIDENTS RATHER THAN PEOPLE COMING HERE FOR A SHORT TIME?

KATE FROM WAHIAWA SAYS, MILITARY SHOULD NOT BE BUYING MULTIPLE HOMES IN HAWAII.

NEED PRICE CONTROL AND RENT CONTROLS.

FEAR BUILD THE STOCK.

DOESN'T GO FOR THE PEOPLE WHO WE HOPE WAS INITIALLY INTENDED FOR.

YOU CAN'T NECESSARILY CONTROL WHO BUYS THE HOUSE.

>> YOU CAN'T.

I THINK THAT IS GOING CONTINUAL CONCERN WE HAVE OVER AND OVER AGAIN.

I THINK POINT TO ANOTHER EXAMPLE.

KIND OF INTERESTING.

I DO WANT TO MAKE SURE THAT IS SAID TONIGHT.

YOU HAVE TO LOOK AT COUNTY OF KAUAI.

HERD ABOUT THAT CONCEPT.

LIMA OLA DEVELOPED THIS 75‑ACRE PROPERTY.

ACTUALLY ENTITLED IT.

THEY SPENT TEN YEARS GETTING ALL OF THOSE ENTITLEMENTS.

INFRASTRUCTURE IN.

NOW AT THE POINT OF TRYING TO DO LONGTERM RENTALS OR AT LEAST THE 99 YEAR LEASEHOLDS.

GREAT CONCEPT.

A LOT OF BARRIERS OTHER COUNTY DO IT.

TOOK SO LONG.

TAKE A LOOK INTO.

WE TALK ABOUT DENSITY ON OAHU.

WHEN WE GO TO THE NEIGHBOR ISLAND, NO DENSITY.

BUILD A HUGE AMOUNT OF DENSITY, GET A LOT OF PUSH BACK.

YEAH, NEIGHBOR ISLANDS YOU HAVE A LITTLE BIT MORE LAND.

AND SO I THINK IT IS VERY INTERESTING CONCEPT THAT I'M WANTING TO PUSH.

I WANT THE COUNTIES TO TAKE A LOOK AT THIS SEE IF THEY CAN DO THEIR OWN LIMA OLA TYPE OF PROJECT.

RENTALS OR LEASEHOLD.

KEEP AFFORDABILITY DOWN.

CONTROL IT TO AT LEAST YOU CAN'T BE SO RESTRICTIVE YOU CAN CONTROL WHO IS GOING INTO THE HOUSE BEING BUILT AND STRICTLY CONTROLLED I BY THE COUNTY.

LOOK AT THAT KIND OF THINKING.

HOW IT MAKE IT HAPPEN ACROSS THE STATE.

>>Yunji: QUESTIONS FROM SENIORS.

IN OUR COMMUNITY.

DEBBIE IN WAIPAHU SAYS, WHAT IS CONSIDERED AFFORDABLE HOUSING?

I'M IN SIXTIES.

LIVE SECTION 8.

LIMITED PLACES TO CHOOSE FROM.

I'M NOT SURE HOW TO AFFORD SOMETHING OUT OF SECTION 8.

WHY CAN'T ADJUSTOR OUTLIERING SITUATIONS RETIRED SENIORS HOTEL ROOMS.

FORCED OUT PUSHED IN HOMELESSNESS.

LAWS ARE ARCHAIC.

SENIORS, ARPA, HAWAII, RELEASED SOME DATA LAST YEAR.

THAT SAID ANTICIPATING OVER A THOUSAND SENIORS TO BE EVICTED THIS YEAR.

IN OUR COMMUNITY.

SO THERE'S A REAL CONCERN WHAT WILL HAPPEN TO THE KUPUNA.

AND SO WHAT IS BEING DONE SPECIFICALLY FOR SENIORS IN THE GOVERNOR'S PLAN?

>> TWO‑FOLD.

WE'RE CERTAINLY LOOKING AT IT FROM HOUSING STANDPOINT.

JAMES KOSHIBA GOVERNOR'S COORDINATOR ON HOMELESSNESS, WOULD ALSO BE LOOKING AT IT FROM THAT PERSPECTIVE AT RISK POPULATIONS AT RISK AND KUPUNA'S IN THERE.

THERE'S ALSO INVESTMENT EXECUTIVE BIENNIUM BUDGET.

$14 MILLION REQUEST FOR RENT SUPPLEMENT PROGRAM.

ADMINISTERED HAWAII PUBLIC HOUSING AUTHORITY.

PROVIDES $500 A MONTH SUBSIDIES FOR RENTALS.

AND HISTORICALLY, IT'S ONLY RECEIVED MAYBE AROUND A MILLION DOLLARS IN FUNDING FROM THE LEGISLATURE.

IT IS PRIMARILY THE FUNDING PRIMARILY GOES TO KUPUNA.

BECAUSE THERE IS $500 CAP AND ONLY A MILLION DOLLARS APPROPRIATED.

THEY SERVE USUALLY 30% AMI, 32% AMI AND BELOW.

LOW INCOME KUPUNA.

REQUESTED BUMPING UP TO 14.5 MILLION OR 13.5 MILLION SOMETHING LIKE THAT SERVE ADDITIONAL 2,000 KUPUNA OR 2,000 HOUSEHOLDS.

I'M NOT SURE WHERE THAT'S GOING TO FALL OUT AT THE END OF THE LEGISLATIVE SESSION.

WE ARE DEFINITE TRYING TO SUPPORT WITH FUNDING AND EXPLORING OTHER HOUSING FUNCTION.

>> KAUHALE 4 KUPUNA SOMETHING WE COULD LOOK AT.

I JUST WANT TO ALSO TOUCH UPON COMMENTS SENATOR MADE AFTER I SPEAK.

KAUHALE DON'T, NOT RESTRICTED TO TINY HOMES.

SRO, CONDO, MULTIFAMILY.

YOU DESIGN KAUHALE FOR BOTH THE PLACE AND DEMOGRAPHIC LIVING THERE.

DEFINITELY HAVE MORE DENSITY THAN TINY HOMES SCATTERED IN A KAUHALE CAN YOU DO KAUHALE PEOPLE NOT EXPERIENCING HOMELESSNESS IS A VERY, VERY LOW INCOME OPTION BECAUSE YOUR RENT AT KAUHALE IS GOING TO BE $500 OR LESS.

>>Yunji: WHOLE IDEA SHARED KITCHEN.

SHARED BATHROOMS.

STAND ALONE STRUCTURE IS REALLY JUST THE LIVING AND SLEEPING SPACE.

>> AND DEPENDING ON WHAT IS DESIGNED LIKE.

I LIKE TO THINK OF AS IN THE CASE OF THE ONE THAT I HELPED TO DEVELOP, IT WAS THEY WERE TINY HOMES.

100 SQUARE FEET.

20 SQUARE FOOT LANAI.

AND REALLY BEAUTIFULLY LANDSCAPED COMMUNITY AREA.

BIG HUGE PAVILION SET SEATS 60.

COMMUNITY EVENTS NEIGHBORS FROM YOU THE OUTSIDE TO HOST EVENTS THIS IS THE HOUSE, NOT JUST LIVING THE HOUSE.

WHERE YOU SLEEP.

WHERE YOU KEEP YOUR THINGS.

WHERE YOU MAYBE HANG OUT WHEN YOU NEED PRIVACY.

YOU LIVE OUT HERE TOO.

ALL OF THIS OTHER SPACE WITH NEIGHBORS, TO GATHER AND SHARE AND SPEND TIME AND FARM, MAKE SOME COMMUNITY FARM BEDS.

IT CAN BE A REALLY EXCITING OPTION TO CONSIDER.

FOR VERY, VERY LOW INCOME RENTALS.

ASIDE FROM ADDRESSING HOMELESSNESS.

>>Yunji: SOUNDS IDEAL FOR SENIORS.

>> YES.

SENIORS, WANT TO BE WITH THEIR PEERS PROBABLY.

ALSO WANT TO HAVE SPACES FOR THEIR FAMILY TO COME VISIT.

>>Yunji: TOM IN WAIKIKI HAS A QUESTION FOR YOU SHOULD ALA WAI GOLF COURSE BE CONSIDERED FOR HOUSING?

WHAT KIND OF PUBLIC LAND TO INTO PUBLIC HOUSING.

TALK AWAY ALL WAY GOLF COURSE.

WHAT ARE YOU ARE COSTS HAVE MORE LAND TO BUILD HIGH DENSITY HOUSING.

>> DON'T KNOW WHAT THE GOLF COURSE.

>> WE HAVE A HUGE PORTFOLIO OF PUBLIC LANDS THAT ARE ON THE RAIL LINE.

THAT DO HAVE WATER INFRASTRUCTURE, SEWER INFRASTRUCTURE, THAT ARE ALREADY WITHIN THE URBAN CORE DON'T NEED A TON OF ADDITIONAL STATE INVESTMENT.

ONE OF THE COMMON THEMSELVES WE'VE BEEN TALKING ABOUT.

TAKE EXISTING STATE LANDS GOVERNMENT OWN LANDS DON'T HAVE TO BUY EXPENSIVE LAND FROM THE PRIVATE SECTOR AND DEVELOPING THEM WITH MORE PUBLIC SECTOR CONTROLS SO IT'S NOT JUST UNFETTERED DEVELOPER BUILDS WHATEVER THEY WANT AND SELL TO WHOEVER THEY WANT.

ABLE TO USE PUBLIC SECTOR CONTROL TO SAY THESE UNITS CAN ONLY BE OCCUPIED BY HAWAII RESIDENTS NO OTHER REAL PROPERTY.

THAT I THINK REALLY IS GETTING TO THE CORE OF WHAT THE FUTURE OF HAWAII SHOULD LOOK LIKE.

IN TERMS OF DEVELOPMENT.

WHERE SHOULD OUR FUTURE GENERATIONS GO?

I THINK THAT IS PROBABLY EMERGING CONSENSUS WORTH FUTURE GROWTH SHOULD BE.

>>Yunji: I WANT YOU TO TAKE ONE.

HOW CAN WE STOP PEOPLE FROM PURCHASING MULTIPLE PROPERTIES?

THEME HERE TONIGHT.

FOR GREEDY GAINS OUTPRICE LOCAL PEOPLE FROM HAVING A HOME.

MOVES TO LIMIT IMPORTANT INVESTMENT NONHAWAII RESIDENTS.

MEASURES SEEKING THAT FAIL.

IS IT A WAY TO PUT CAPS ON THAT?

PERCEPTION A LOT OF OUTSIDE INVESTORS DRIVING UP PRICES.

>> BIGGEST GUARDRAIL IS LAWMAKERS POWER OF TAXATION.

I THINK WE HAVE NOT BEEN ADEQUATELY USING THAT.

POWER AND I THINK PART OF IT IS COMPLEX.

BECAUSE BIGGEST RECURRING TAXATION THAT YOU GET IS REAL PROPERTY TAXES ON YOUR HOME.

NOT CONTROLLED BY THE STATE.

CONTROLLED BUT EVERY INDIVIDUAL COUNTY.

DIFFERENT THROUGH THE STATE.

COUNTIES IN A UNIQUE POSITION.

>> DON'T NEED TO CHARGE A LOT OF REAL PROPERTY TAXES DON'T DO THE SCHOOL OF THE STATE DOES THE SCHOOLS EVERY OTHER MUNICIPALITY THROUGHOUT THE NATION, COUNTIES CITY HAS TO PAY FOR SCHOOLS.

>> DON'T HAVE TO DO THAT IN HAWAII.

A LOT OF ROOM FOR GROWTH IN REAL PROPERTY TAXES IN TAXATION.

IF SECOND HOME IS TAXED, A LOT IN MAUI, DID A GOOD JOB TIERING TAXATION, HOMES MORE EXPENSIVE GET A LOT MORE TAXES THAN WHO HAVE A LOWER PRICE HOME.

PROBABLY THOSE FOR RENTALS.

LOCAL RENTALS IF IT'S A LOWER PRICED HOME.

I THINK WE ALSO HAVE EXEMPTION FOR THOSE WHO DO A LONGTERM RENTAL.

I THINK THOSE ARE THE KIND OF THINGS THAT WE HAVE TO DO STATEWIDE.

MAUI LEADING THE WAY.

I THINK OTHER COUNTIES NEED TO FOLLOW SUIT.

I THINK IS BIGGEST DEFENSE OF HAVING THESE SECOND HOMES, IMPORTANT INVESTORS HAVE TO MAKE IT MORE EXPENSIVE FOR THEM.

WE GET THE REVENUE.

>>Yunji: WHAT KIND OF REVENUE.

BACK UP TO THE QUESTION FROM MAKAKILO.

WHOLE IDEA THAT THERE ARE FOREIGN INVESTORS COMING IN AND BUYING EVERYTHING UP.

IS THAT TRUE.

>> AND WHAT KIND OF IMPACT DOES THAT HAVE?

>> REALLY HARD TO TELL HOW MANY INVESTORS WE HAVE NON‑U.S.

CITIZENS.

WE GO BY WHERE THEY RECEIVED PROPERTY TAXES.

A LOT OF PEOPLE MIGHT HIRE LOCAL COMPANY TO MANAGE IT.

SO REALLY DON'T HAVE GOOD DATA.

WHO IS CITIZEN OR NOT.

WHAT I WOULD ARGUE IS THAT YOU'RE A BILLIONAIRE FROM NEW YORK OR CALIFORNIA, WHY PAY MORE MONEY WITH YOU SELL YOUR 10TH HOME.

SHOULDN'T MATTER WHAT COUNTRY YOU'RE FROM.

MATTER WE SHOULD ABSOLUTELY, 100%, BE TAXING PEOPLE WHO ARE DOING VERY, VERY WELL IN THIS MARKET, TO PROVIDE FUNDING FOR OUR LOCAL PEOPLE.

SO AT THE STATE LEVEL, DON'T HAVE CONTROL OVER COUNTY PROFIT TAXES BUT DO OVER THE CONVEYANCE.

AT THAT SALES TAX.

WHEN YOU SELL, FULLY WITHIN STATE CONTROL.

SENATOR CHANG HAS A BILL SIGNIFICANTLY INCREASES TAX.

SELL A HOME MORE THAN $2 MILLION.

GET IT UPDATED TO WHAT OTHER CITIES ARE CHARGING.

WE'RE CHARGING LOW AMOUNT.

HAVE NOT UPDATED.

KIHEI PROPERTY LOTS OF PROPERTIES THAT HAVE DOUBLED IN VALUE OVER THE PAST FIVE YEARS.

$2 MILLION, FIVE YEARS AGO.

NOW $4 MILLION.

WHAT ARE WE GETTING FOR THAT?

GETTING 36,000 WHERE THAT WAS IN SEATTLE GETTING $140,000.

WHY ARE WE GIVING TAX BREAK TO FOLKS DOING VERY WELL IN THIS MARKET COMPARED TO CITIES?

SAN FRANCISCO UPDATED SALE TAX FOR 6%.

OUR HIGHEST RATE 1%.

IT'S NOT KEEPING UP.

I HAVE TO THANK SENIOR CHANG BEING BOLD ENOUGH TO PUT FORWARD THAT BILL.

TAX IS NOT POPULAR.

$2 MILLION HOME AND YOU'RE SELLING INVEST IN THE PEOPLE OF HAWAII.

>>Yunji: TELL US ABOUT THAT LEGISLATION AND WHAT IS MOTIVATING YOU TO INTRODUCE THAT.

>> RAISING CONVEYANCE TAXES ISSUE THAT'S BEEN DEBATED, BEEN VETOED.

FULL ARRAY TO ADDRESS THE PROBLEM.

SOMEWHAT A MYTH NONRESIDENTS OWNERS VACANT PROPERTIES ARE NOT TAXED HIGHER RATE.

I REMEMBER VERY WELL ON THE CITY COUNCIL, CREATING RESIDENTIAL A CLASSIFICATION FOR NONHOMER OCCUPANTS OVER $2 MILLION.

AND THAT TAX RATE HERE IN THE CITY & COUNTY OF HONOLULU IF YOU'RE NOT A HOMEOWNER OCCUPANT, IS NOW THREE TIMES TAX RATE FOR OWNER OCCUPANT.

SO I THINK IT'S IMPORTANT THAT WE LOOK AT THE PICTURE HOLISTICALLY.

BECAUSE WE DO HAVE, WE'RE IN THE TWO YEARS LAST YEAR AND THIS YEAR, REALLY UNPRECEDENTED BUDGETARY IS YOUR SURPLUSES.

$600 MILLION DHHL FANTASTIC DEVELOPMENT.

IF THAT FUNDING IS SPENT AT THE RATE THAT IT COSTS TO DEVELOP HOUSE,ING UNDER OUR EXISTING PROGRAMS THAT WOULD CREATE MAYBE ABOUT 3,000 UNITS WHICH IS ABOUT 10% OF THE WAIT LIST.

WHICH MEANS THAT 90% OF THE WAIT LIST IS STILL WAITING.

SO NEED TO NOT JUST FOCUS ON RAISING MORE REVENUE, BUT WE ALSO NEED TO FOCUS ON MORE EFFICIENT WAYS TO DEVELOP HOMES WITH TAXPAYOR FUNDS.

SO A LOT OF STATE PROGRAMS TODAY ARE AVERAGING 180 EVEN $200,000 PER UNIT IN TERMS OF SUBSIDY.

THE CITY IS TO GO A PROGRAM CALLED BILL 1, GIVING OPEN $15,000 TO CREATE UNITS SAME LEVEL AS AFFORDABILITY AS SOME OF THE STATE PROGRAMS PUSHING $200,000 PER UNIT.

AS EVERYBODY AS I THINK STATE CAN AND SHOULD BE MORE INVOLVED, I DON'T NECESSARILY THIS I THAT JUST INCREASING THE BURDEN ALREADY STRAINED TAXPAYORS IS THE WAY TO GO.

I REALLY LIKE TO SEE MORE EFFICIENT USES OF GOVERNMENT RESOURCES ON THOSE MODEL.

>> KYLE IN HONOLULU ASKING, THERE WILL BE EASING ON RESIDENTIAL PERMITS.

WHAT IS BEING DONE TO FAST TRACK PERMITS?

>> CITY ISSUES AS OPPOSED TO STATE.

THERE SOME MOVES HAWAII COUNTY MITCH ROTH PUSHING FOR SOME DEREGULATIONS OF SOME OF THE RESTRICTIONS ON PERMITTING.

SO THAT THINGS CAN MOVE FASTER.

ON THE NEIGHBOR ISLANDS.

TELL US LITTLE BIT SORT OF CUTTING RED TAPE.

>> I WOULD SAY FOR THE COUNTIES THAT WE HAVE HEARD FROM, I THINK THERE IS GENERAL CONSENSUS THAT NEEDS TO HAPPEN.

MOVING THROUGH THE LEGISLATURE LEGISLATURE.

HOUSE BILL 1206 STATE PILOT PROGRAM TO CREATE A STATE DEPARTMENT OF PLANNING AND PERMITTING WITHIN THE DEPARTMENT OF ACCOUNTING AND GENERAL SERVICES.

>> WE ACTUALLY HAVE, I'M NOT SURE WHO INTRODUCED THE MEASURE.

EMERGENCY PROCLAMATION.

SIMILAR ITEM.

HOUSING PROJECTS FALL UNTO THE DEFINITION OF HOUSING UNDER THE EP WOULD BE ABLE TO GO THROUGH THIS STATE PERMITTING PROCESS INSTEAD OF CITY DPP OR COUNTY DPP.

WE'RE CONTINUING TO HAVE I THINK CONVERSATIONS WITH COUNTIES ABOUT HOW CAN WE COME TO OR CREATE PRIORITIZE A SYSTEM THAT WOULD HELP WITH OUR HOUSING PERMIT APPLICATIONS.

PLANNING APPLICATIONS.

THIRD‑PARTY REVIEWS.

>>Yunji: WOULD THAT BYPASS DPP IN HONOLULU OR WOULD THAT BE SPECIFIC FOR THE NEIGHBOR ISLAND.

>> COVERS THE WHOLE STATE UNDER THE EMERGENCY PROCLAMATION.

SECOND PROVISION STILL WORK ON IT, STILL IN FAST STAGE, BUT TO ANSWER THAT GENTLEMAN'S QUESTION, YES.

IT WOULD PEEL BACK ALL OF THOSE THINGS.

>>Yunji: CHERYL FROM MAUI SAYS, ALOHA FROM MAUI.

NEW ZEALAND GOVERNMENT PASSED LEGISLATION THAT ONLY ALLOWS NEW ZEALAND RESIDENTS TO BUY HOMES.

WHY CAN'T WE DO THE SAME?

SIMILAR VEIN, REQUIREMENT FOR PURCHASING AFFORDABLE HOUSING SHOULD BE RESIDENTS LIVING HERE FOR 20 YEARS, 15 YEARS, 10 YEARS THE LONG YOU LIVE IN HAWAII, FASTER YOU CAN PURCHASE A HOUSE.

IS THERE WAY TO GIVE PRIORITY TO CERTAIN RESIDENTS IF THEY HAVE BEEN HERE FOR A CERTAIN AMOUNT OF TIME OR FALL INTO A CERTAIN CLASS BE IT AGE OR WHAT HAVE YOU?

>> YOU THINK WE DID LOOK AT SOME OF THOSE RESTRICTIONS.

UNFORTUNATELY, WE CAN'T NECESSARILY DO THEM BECAUSE UNITED STATES OF AMERICA IS HAS VERY SPECIFIC CRITERIA THAT YOU CAN MOVE WITHIN IT, VARIOUS STATES.

DID LOOK AT CREATIVE WAYS TO GET AROUND THAT.

IN TERMS OF I THINK HAWAII APPLESEED LOOKED WAYS EQUATING IT IN STATE TUITION TO SAY, YOU HAVE TO BE A REALLY RESIDENTS TO GET HOUSING.

UNFORTUNATELY, I THINK ATTORNEY GENERAL DIDN'T ALLOWS TO MOVE ANY OF THAT FORWARD.

HAVE TO LOOK AT OTHER WAYS I THINK.

THE POINT IS VERY GOOD.

I THINK WE NEED TO FIND WAYS TO PRIORITIZE LOCAL RESIDENTS WHO LIVED HERE FOR A VERY LONG TIME.

I THINK HOW DEVELOPERS TRY TO DO THAT IS YOU DON'T WANT TO DO ONLINE APPLICATION.

YOU HAVE TO COME AND PICK AN APPLICATION UP.

WHEN SOMETHING IS AVAILABLE.

ZOO WE PRIORITIZE LOCAL RESIDENTS.

VERSUS SOMEONE IN ANOTHER STATE WHO DOWNLOADS APPLICATION ONLINE AN SPLITS IT.

HAVE TO THINK OUTSIDE THE BOX.

I THINK THAT IS, I THINK SENTIMENT IS THERE.

WE UNDERSTAND IT.

>> AND WE WISH WE COULD DO MORE IN THAT AREA.

>>Yunji: TAKE THAT ON FOR US.

IS THERE A WAY THAT YOU COULD DO THIS, BEEN A RESIDENT, BEN SAYING, OKAY, LIVED HERE 20 YEARS, YOU GET PRIORITY OVER SOMEBODY MOVED HERE A YEAR AGO.

IS THAT LEGAL?

>> IF IT'S LOCAL MONEY.

IF YOU TAKE FEDERAL MONEY, HISTORICALLY A LOT OF OUR STATE FUND AFFORDABLE HOUSING WAS WITH FEDERAL MATCH PROGRAM.

USING FEDERAL MONEY, YOU CAN'T DO THAT.

IF IT'S PRIVATE MONEY YOU CAN'T DO THAT OF THE LOCAL MONEY, IF IT'S 100% STATE OR COUNTY, YOU CAN.

WE FOUND THAT OUT TALKING TO WASHINGTON, D.C.THEY HAVE A PROGRAM FUND BY DC, NOT NATIONAL GOVERNMENT.

OVER TEN YEARS.

GIVE PRIORITY BEEN IN DC FOR FIVE YEARS OR LONGER.

VAIL, COLORADO.

MAUI JUST STARTED DOING THAT.

FOUR PROJECTS MOVING THAT GOT SUGGEST COUNTY SUPPORT.

AND SO THEY SAID, OKAY, IN EXCHANGE FOR THAT COUNTY MONEY, WE'RE GOING TO PRIORITIZE BY HOW LONG YOU LIVED ON MAUI.

BUT EVERYONE GETS IN THE LOTTERY.

EVERYONE HAS A CHANCE.

BUT THEN THEY PICK NAME US O FOR EVERY HOME, FOUR NAMES.

RANKED THEM HOW LONG YOU LIVED THERE.

AGAIN, D.C. HAS A SIMILAR PROGRAM.

NOT BEEN CHALLENGED IN COURT.

WE FEEL IT IS LEGAL.

BUT AGAIN, REQUIRES LOCAL FINANCING AND LOCAL MONEY.

>> ADD A COMMENT.

WITHIN THE SCOPE OF OUR EMERGENCY PROCLAMATION, WE'RE WORKING ON, HE LOOKING TO CRAFT A DEFINITION ON HOUSING PROJECTS WILL BE ELIGIBLE THAT PRIORITIZES LOCAL PEOPLE AND OWNER OCCUPANCY.

>>Yunji: HELP LOCAL RESIDENTS BEEN HERE LONGER WAITED LONGER.

>> WHAT DOES THAT DO WITH THE DEVELOPER'S COMING AT THAT THE TABLE?

WE'RE INCENTIVIZING DEVELOPMENT OF HOUSING FOR LOCAL PEOPLE.

WILL THEY STILL COME TO THE TABLE?

OR WILL THAT SPEED THINGS UP?

WE DON'T KNOW WHAT THAT NUMBER LOOKS LIKE YET.

AS I SAID, STILL DRAFTING IT.

I WANT VIEWER KNOWS WE ARE ALSO LOOK AT HOW WE CAN DO THAT ADMINISTRATIVELY AND WITHOUT HAVING TO CHANGE THE LAW.

ATTORNEY GENERAL IS THE ACTUAL BODY DRAFTING IN THIS, I WORK WITH THEM.

WE'LL GET THEIR INPUT ON IN.

>>Yunji: SO MANY VIEWER QUESTIONS.

LOVE IT.

SOME SHOWS, WE DON'T.

WHY CAN'T WE WORK CARPENTER'S UNION TO SEE IF THEY WOULD WORK SLIGHTER LOWER WAGE FOR AFFORDABLE HOUSING.

COSTS ARE SO HIGH FOR BUILDERS.

A LOT OF CARPENTERS.

LOT OF THEM TO DO THEIR PART TO MAKE HOUSING LESS EXPENSIVE.

MATERIAL COSTS GONE, HOUSING COSTS HIGH.

LABOR COSTS ISSUE.

>> IS THAT A WAY TO GO?

I MEAN, I THINK THAT WOULD BE A HARD PILL TO WALLOW TO SAY, YOU'VE GOT IT MAKE LESS MONEY BECAUSE YOU'RE BUILDING A HOUSE THAT IS GOING TO BENEFIT THE COMMUNITY.

WHAT ARE YOUR THOUGHTS ABOUT THAT?

>> FUNNY ENOUGH, PROGRAM LIKE THAT ALREADY EXISTS.

CARPENTERS HAVE AGREED TO TAKE A LOWER WAGE.

STATE AGREED TO WAVE THE G.E.T.

ON THESE DEVELOPMENTS.

ONE OF THE PROBLEMS IS THAT THESE DEVELOPMENTS ARE UNABLE TO TAKE ADVANTAGE COUNTY FEE WAIVERS CAN BE SIGNIFICANT.

PARK FEES, OTHER FEES THAT THE COUNTY LEVIES THAT CAN ADD UP TO, 15, 20 PER UNITS.

LEGISLATION PENDING THIS SESSION TO TRY TO FIX THAT PROBLEM SO THAT WE CAN GET THE PROGRAM REALLY OFF THE GROUND AND TAKE ADVANTAGE OF SAVINGS FROM ALL OF THESE DIFFERENT FRONTS.

THAT WE IN HONOLULU IS CORRECTLY POINTING OUT.

>>Yunji: VALERIE REPRESENT HASHIMOTO PLEASE STOP BUILDING IN TOWN.

MAINTAIN OF THE RAIL BURDEN FOR TAXPAYORS YEARS TO COME.

THIS ISN'T RAIL SHOW.

RAIL TIES INTO THIS ALWAYS.

KALIHI, KAPOLEI AFFORDABLE HOUSING SHOULD BE BUILT.

A LOT OF RIDERS.

TRAFFIC IN TOWN ALREADY A PROBLEM.

ON AND ON.

VALERIE, SAYING THAT THE CONSTRUCTION FOCUS SHOULD NOT NECESSARILY BE JUST IN URBAN HONOLULU, BUT SHOULD EXTEND OUT.

YOU REPRESENT MAUI.

AFFORDABLE HOUSING IS NOT A PROBLEM THAT IS LIMITED TO THE URBAN CORE OF HONOLULU.

SEE IT ACROSS THE STATE.

WHAT IS BEING DONE OUTSIDE OF THE URBAN CORE THAT IS HELPING THOSE COMMUNITIES?

>>I THINK TAKE A LOOK AT SHORT‑TERM AND LONGTERM.

WHEN I LOOK BECOME HOUSING CHAIR I WANT TO LOOK AT SOMETHING WE GET DONE SOON.

TAKE A LOOK AT HONOLULU SPECIFICALLY, I THINK BIGGEST AREA THAT WE CAN GET SOMETHING TO GET OFF THE GROUND IS IN WEST OAHU.

RIGHT AROUND THE UNIVERSITY OF HAWAII WEST OAHU.

THINK IN THE TALKS TO SEE IF WE CAN JUST GIVE THEM A BIT OF FUNDS TO DO ON SITE INFRASTRUCTURE TO MAKE THAT DEVELOP HAPPEN.

SOMETHING WE REALLY WANT TO SEE THIS YEAR.

PROBABLY ONLY ABOUT TEN ACRES GETTING US 500 UNITS.

WHAT CAN HAPPEN RIGHT NOW IT MAKE THE BIGGEST DIFFERENCE?

I THINK WE'RE LOOKING AT ALL OF THE THESE DIFFERENT PROJECTS AND I THINK IF THE GOVERNOR WASN'T SO FOCUSED ON IT, I DON'T THINK WE WOULD HAVE THE SAME FOCUS.

BECAUSE EVERYONE IS SO FOCUSED ON THIS, I THINK WE'RE PUTTING A LOT OF HEADS TOGETHER TO FIND WHAT IS THE BEST PLACES TO GET US HOUSING PROJECTS VERY QUICKLY.

WHEN YOU TAKE A LOOK AT THE LONGER TERM, OBVIOUSLY, GOING TO BE ALONG THE T.O.D.

LINE.

A LOT OF THAT T.O.D.

SPACE IS NOT IN THE URBAN CORE.

IT'S AS YOU GET ALONG IN KALIHI, KAPALAMA, OUT TO WEST OAHU, I THINK THAT IS WHERE THE DEVELOPMENT NEEDS TO HAPPEN.

BUT THE DEVELOPMENT IS NOT NECESSARILY GOING TO HAPPEN UNTIL THE RAIL STARTS MOVING.

WE KNOW JULY.

POSSIBLY GOING TO HAPPEN IN JULY.

TAKE A LOOK AT, WENT TO THE UNIVERSITY OF DENVER.

STARTED LIGHT RAIL.

TEN YEARS LATER NOTHING ALONG THE LIGHT RAIL.

TEN YEARS LATER SO MUCH DEVELOPMENT.

POTENTIAL IT'S GOING TO HAPPEN WHEN PEOPLE REALIZE VALUE OF THE RAIL SYSTEM HAVE TO GET PIECE TOGETHER AND READY.

>>Yunji: KAKAAKO HAS A QUESTION.

REGARDING PEOPLE PURCHASING MORE LAND, FOR EXAMPLE, OPRAH CONTINUES TO BUY ON MAUI.

IS THERE ANYTHING LAWMAKERS CAN DO TO OFFSET THIS OR TAX THEM MORE BECAUSE IT CUTS DOWN ON THE PURCHASE POWER OF LOCAL RESIDENTS.

WHAT WOULD YOU SUGGEST WE DO WHEN PEOPLE BUY HUGE SWATHS OF LAND LIKE THAT?

WE DO NEED TAX THEM.

THAT'S OUR LEGAL WAY TO HANDLE THAT.

I LIKE OPRAH, I WOULD GLADLY SIT WITH HER AND TELL HER HOW SHE SHOULD CONTRIBUTE TO THE PEOPLE OF MAUI BY HAVING A MUCH HIGHER TAX RATE.

MAUI'S GONE IN THAT DIRECTION.

THINK THEY COULD GO EVEN FURTHER IN IN A DIRECTION.

WHAT WE DID DO, LIMA OLA STARTED ON KAUAI.

PUBLIC SECTOR COUNCIL OR STATE CAN BUY THE LAND, WHILE STILL AGRICULTURAL LAND.

BEFORE THE INFRASTRUCTURE IS IN.

YOU WANT TO BUY IT PLANNING AHEAD.

THAT WAY, WHEN THE INFRASTRUCTURE IS INVESTED, IT'S GOING TO BE FULLY PUBLIC AND CAN BE PRICE CONTROLLED.

LIMA OLA 100% PRICE CONTROL.

AFFORDABLE FOREVER.

PUBLIC INVESTED AND DID IT BEFORE ALL INFRASTRUCTURE WAS PUT IN.

SO LET'S BE STRATEGIC.

LET'S TAX IT AND THEN BUY OTHER PROPERTIES ON MAUI READY FOR DEVELOPMENT.

>>Yunji: ONE OF THE THINGS THAT WE'VE TALKED ABOUT AND I'M CURIOUS IF THAT IS ON YOUR 157 IDEAS LIST.

IS THE IDEA USING SOME OF THE SCHOOL PROPERTIES.

D.O.E.

PROPERTIERS.

TALK A LOT ABOUT TEACHER SHORTAGE IN HAWAII.

A LOT OF THIS TIED TO HOUSE.

MEDICAL STAFF AND LACK OF AFFORDABLE HOUSING FOR PEOPLE WHO WORK IN MEDICAL CARE.

IS THERE STILL THAT SORT OF PUSH, IS THAT PART OF THE 157 IT TRY TO PERHAPS USE SOME D.O.E.

LAND AND HAVE THAT FOR TEACHERS OR FOR ADMINISTRATIVE STAFF FOR SCHOOLS.

>> YES.

IT IS ON THAT LIST.

TESTIFIED IN SUPPORT OF COUPLE OF BILLS HEARD IN THE LEGISLATURE THIS SESSION.

THAT HAVE TO DO WITH TEACHER HOUSING.

PILOT PROGRAMS ON CAMPUS.

SPOKE WITH CHAIRS ABOUT PROVISION IN THE HHFDC STATUTE ENABLES HELP TO DEVELOP TEACHER HOUSING.

MADE A BIG BUDGET THIS YEAR TO THE LEGISLATURE $1 BILLION FOR HOUSING DEVELOPMENT.

AND WE WOULD LIKE FLEXIBILITY WITH THAT FUNDING SIMILAR TO WHAT THE LEGISLATURE GIVES TO DHHL WITH $600 MILLION.

PART OF IT BECAUSE WE CAN'T ANTICIPATE OR FORECAST FUTURE PROJECTS.

LOVE TO TAKE SOME OF THAT FOR TEACHER AND HEALTH CARE HOUSING.

>>Yunji: BUILDING UP SCHOOL PROPERTIES?

>> GREAT IDEA.

WE HAVE COUPLE OF BILLS AT THE LEGISLATURE RIGHT NOW.

REPRESENTATIVE HASHIMOTO AND I WAS WORKING WITH HIM ON A GREAT IDEA HE HAD TO PROVIDE HELP FOR FIRST TIME HOME BUYERS.

REALLY BRAINSTORMING WAYS TO NARROW DOWN WHICH OF THESE TARGET POPULATIONS IS THE MOST IMPORTANT.

ARE WE TALKING ABOUT TEACHERS?

ARE WE TALKING ABOUT CIVIL SERVANTS MORE BROADLY?

SPENT A LOT LONG TIME ON THE DID.

HHL WAIT LIST.

>> IMPORTANT THAT WHEN WE HAVE THESE SCARCE TAXPAYOR RESOURCES, IN SOME CASES, $100,000 AT A TIME, TO LUCKY FAMILY, THAT WOULD BE VERY, VERY TARGETED IN WHO IS RECEIVING THOSE FUNDS.

BECAUSE TAXPAYOR RESOURCES ARE NOT UNLIMITED.

EVEN AT A BILLION DOLLARS, EVEN IF WE HAD A BILLION DOLLARS SURPLUS A YEAR ALL WENT TO HOUSING, WE WOULD STILL NEED DOUBLE THAT TO ACTUALLY END THE HOUSING SHORTAGE.

SO WE TAXING AND SPENDING WILL ONLY GET US SO FAR.

>>Yunji: HOW TO DO WE TARGET THAT MONEY SO IT IS MORE EFFICIENTLY SPENT AND WE GET WHAT WE WANT OUT OF THIS.

>> CERTAINLY CHANG AND HAVE ROBUST DISCUSSION ABOUT THAT.

WHAT IS A SUBSIDY ADEQUATE FOR SOMEBODY?

AWAY DO RIGHT NOW IS GIVE SOMEONE SOME TYPE OF CREDIT OR GIVE THEM A FIRST TIME HOME BUYER GRANT.

AND THEY TAKE IT FROM US, GET REALLY GOOD PRICED HOUSING.

BUT UNFORTUNATELY, NOT NECESSARILY COMING BACK TO HELP THE NEXT GENERATION.

NEXT SET OF FAMILY.

>> SO I THINK WHEN WE TALK ATE LO ABOUT IDEAS, YOU HAVE TO THINK SUBSIDY GIVING TO SOMEBODY TO MAKE AFFORDABLE.

BOTTOM LINE I THINK WE BOTH ARE IN AGREEMENT OF, MONEY HAS TO BE RECYCLED AND IT HAS TO BE USED OVER AND OVER AGAIN.

THAT IS THE HARD PART.

WHEN YOU WANT VERY SMALL AMOUNT OF SUBSIDY GO FAR.

GET CREATIVE ON THE TYPE OF PROGRAMS.

RENTAL HOUSING REVOLVING FUND.

REVOLVES BACK.

30, 40, 50 YEARS SOMETIMES TO REVOLVE ALL THE WAY BACK TO RESUBSIDIZE THE PROJECT.

HARD TO HELP THE NEXT GENERATION FOR SALE HOUSING, FEE WAIVERS.

>> HAVE A TEN YEAR PROVISION THAT HAS TO STAY WITHIN AFFORDABILITY.

SELL IT OFF AND MAKE A WINDFALL AFTER THE TEN YEARS.

SO WE HAVE TO BE STRATEGIC IN WHAT WE DO.

CAN'T JUST GIVE AWAY MONEY.

HAVE IT MAKE SURE IT REVOLVES BACK QUICKER.

IDEAS ON THE TABLE.

I THINK THERE'S VARIOUS PROGRAMS WE'RE LOOK AT.

I THINK THAT IS SOMETHING THAT NEEDS TO HAPPEN.

KIND OF A CULTURAL SHIFT OF HOW DO WE FIGURE OUT WHAT IS RIGHT IN TERMS OF MAKING SURE THAT THEY PAY THAT BACK.

PROGRAM THAT SENATOR CHANG AND I WERE THINKING ABOUT AND LOOKING AT WAS WE GIVE DEVELOPER A SET AMOUNT OF MONEY.

TO DISCOUNT THE PRICE.

BUT THEN THEY HAVE TO PAY ALL OF THAT BACK.

OVER A 30 YEAR PERIOD.

THINKING OF COURSE WENT BACK AND FORTH, IS 30 YEARS TOO LONG?

DON'T WE NEED THAT MONEY BACK QUICKER TO HELP THE NEXT FAMILY?

STILL IN THE WORKS.

DWELLING UNIT EVOLVING EQUITY FUND.

TRYING TO FIGURE OUT, I THINK IT'S THOSE TYPE OF PROGRAMS THAT WE REALLY NEED TO GET DEPLOYED VERY QUICKLY.

>>Yunji: WHO HAS DONE THIS RIGHT?

WHAT CITY CAN WE LOOK TO, TO SAY OKAY, I KNOW SENATOR CHANG HAS VISITED CITIES AROUND THE WORLD.

ARE THERE CITIES THAT HAVE DONE THAT, LEVERAGE FUNDS AND GET TO USE THEM AGAIN AND THAT DOESN'T TAKE THREE DECADES TO GET THAT MONEY BACK?

>> YEAH.

THERE WAS A HOUSING CONFERENCE.

INVITED SOME FOLKS FROM FINLAND TO COME.

ACTUALLY SENATOR CHANG CAME TO A CONFERENCE.

HOMELESSNESS PROBLEM.

AFFORDABLE HOUSING PROBLEM.

THEY SAID, WE ARE GOING TO BECOME A ONE STOP SHOP FOR DEVELOPERS TO GET THEIR MONEY QUICKLY CHEAP INTEREST RATES.

2 OR 3% INTEREST RATES.

LINE OUT THE DOOR.

THAT'S NOT WHAT THEY'RE GETTING FROM BANKS.

AND SO GET MONEY QUICKLY.

THEY GET IT BUILT.

WITHIN 2 YEARS.

CAME AND TALKED TO YOU.

THEY SAID, BUILD THOUSANDS OF UNIT WITHIN 2 YEARS.

KEY THOUGH IS NOT EVERYONE CAN AFFORD THE COST OF CONSTRUCTION.

>> IT'S EXPENSIVE.

THEIR COST JUST AS HIGH AS OURS.

A LOT OF SNOW.

LOTS OF UNIONS.

ROBUST RENTAL ASSISTANCE.

WE NEED.

NEED TO MAKE SURE THAT, YES, WE'RE GOING TO GET THIS FUNDING OUT TO GET THE BUILDINGS BUILT FAST AND WE CAN GIVE YOU LOW INTEREST FINANCING.

1 OR 2% INTEREST.

ROBUST ASSISTANT PROGRAM NOT QUALIFIED FOR A MORTGAGE RIGHT NOW.

FIXED INCOME.

NOT BE ABLE TO BUILD A HOME AFFORD IT FOR, NOT GOING TO BE ABLE TO BUILD IT AT THAT AFFORDABILITY LEVEL ONLY HAVE 800 BUCKS A MONTH FOR RENT.

>>Yunji: ALMOST OUT OF TIME.

I WANT TO GET TO EACH YOU.

PUSH BACK WE WERE ANTICIPATING.

>> AT WHAT POINT IS TOO MUCH DEVELOPMENT AT WHAT POINT IS IT TOO MUCH DEVELOPMENT AND BUILDING OF HOUSING GOVERNOR GREEN SEEMS TO IGNORING THAT.

CONTINUE TO BUILD AT THE PACE TO GOVERNOR AGREES TO SUGGEST.

HAWAII WILL BE OVERLY POPULATED PLACE LIKE SINGAPORE.

HOW DO WE BALANCE THAT?

>> FUNDAMENTAL QUESTION BEEN DEBATING FOR DECADES.

ANSWER IS SIMPLE.

YOUNG PEOPLE.

GO TO HIGH SCHOOL GRADUATION TELLING THEM RIGHT NOW, GREAT THAT WERE YOU BORN AND RAISED AND EDUCATED HERE.

NOW YOU'RE ADULTS, HAVE TO LAVE AND YOU CAN NEVER COME BACK.

THIS IS NOT YOUR HOME.

AND WILL NEVER BE YOUR HOME AGAIN NOW THAT YOU'RE ADULT.

BECAUSE WE HAVE MADE THAT DECISION THAT YOU WILL NEVER HAVE A HOME HERE.

THAT IS THE STATUS QUO TODAY.

WE ARE WE HAVE I THINK 12,000 HIGH SCHOOL GRADUATES A YEAR.

WE BUILD BETWEEN 1 AND 2,000 UNITS A YEAR.

SAYING TO 90% OF THOSE HIGH SCHOOL GRADUATES GET OUT.

I NEVER WANT TO SAY THAT AGAIN.

TO A YOUNG PERSON.

WOULD HAS BEEN BORN AN RAISED IN HAWAII.

EVERY SINGLE ONE OF THEM SHOULD HAVE THE RIGHT TO LIVE HERE.

AS THEIR PARENTS AND GRANDPARENTS AND GREAT GRANDPARENTS DID.

ENABLED THE INCREDIBLE LIFESTYLE THAT WE HAVE HERE.

WE CAN HAVE OUR CAKE AND EAT IT TOO.

WHAT PROBLEMS IF WE BUILD SUBURBAN SPRAWL IN ALL DIRECTIONS, THAT IS NOT WHAT I'M SUGGESTING.

I DON'T WANT ALL THE ISLAND OF HAWAII TO BE BLANKETED WITH SINGLE FAMILY TYPE SUBURBS.

DEVELOPMENT TO BE VERY CONCENTRATED IN VERY SMALL TARGETED AREAS SLATED FOR DEVELOPMENT ALONG THE RAIL LINE.

STATE LIKE SAID ALREADY LARGEST LANDOWNER.

IF WE FRITTER AWAY THOSE STATE OWNED PROPERTIES ON ENTERTAINMENT DISTRICTS, THEN YES, WE WILL HAVE TO BUILD INTO UNDEVELOPED AREAS.

IF WE CONCENTRATE THAT DEVELOPMENT AT HIGH DENSITY MANNER, ON THOSE EXISTING PARCEL, WE COULD GO FOR A CENTURY, TWO CENTURIES WITHOUT EVERS TOUCHING ONE INCH AGRICULTURAL PRESERVATION.

UNDEVELOPED LAND OR EXISTING RESIDENTIAL NEIGHBORHOOD.

STAY IN FOSSILIZED AMBER FOR THE FORESEEABLE FUTURE WITH THE RESOURCES THAT WE ALREADY HAVE.

>>Yunji: TAKE A LOOK AT WHAT WE WANT TO SEE OUR FUTURE TO HAVE, I THINK IT'S TRUE THE COST OF LIVING.

I THINK IT'S ARE YOU GOING TO LOOK AT IT SHORT‑TERM OR LONGTERM?

I THINK THE SHORT‑TERM IS PEOPLE ARE CRYING OUT FOR SOME RELIEF.

WE GET THAT.

HEAR THAT ALL THE TIME.

AND I BELIEVE THAT WE'RE GOING TO HAVE TO DO SOMETHING DRASTIC IN THE SHORT TERM TO KIND OF ALLEVIATE THAT.

I THINK THAT THE LONGTERM, REALLY TAKES GOOD PLANNING.

I THINK WHERE YOU WANT TO HAVE HOUSING, YOU HAVE TO BUILD THE HOUSING BECAUSE I THINK WHAT THE PROBLEM HAS HAPPENED, IS WHAT WE SAID WE WERE GOING TO HAVE HOUSING PEOPLE ARE NOW SAYING WE DON'T WANT HOUSING SO WHEN THERE'S A PLACE THAT YOU SAID YOU WERE GOING TO DO HOUSING DON'T WANT HOUSING, THEN YOU'RE GOING TO GET NO HOUSING.

>> PLAN ON PUTTING HOUSING SOMEWHERE, ALLOW IT TO HAPPEN.

C AND B CONCEPT.

YES, IN MY BACKYARD NOT IN MY BACKYARD.

I THINK THAT IS WHY WE'RE IN IN THIS SITUATION.

PUT UP DEVELOPMENT EVERYONE WILL PROTEST.

HAVE TO MAKE THE LOT OF CONCESSIONS HOUSING HAVE TO MAKE A DECISION AS A COMMUNITY AND DECIDE THAT WE WANT KEEP OUR FUTURE GENERATIONS HERE?

I WANT TO GIVE YOU LAST WORD.

DO YOU THINK THAT THIS TIME WILL BE DIFFERENT?

, I AM GOING TO STAY POSITIVE AND HOPEFUL THAT IT WILL.

I REALLY DO VALUE THE PARTNERSHIP HERE WITH THESE TWO CHAIRS.

THAT I'M STARTING TO GROW AND HAVE VALUE THEIR INPUT AND PUBLIC INPUT.

GOVERNOR AND GOVERNOR'S COMMITMENT.

MAHALO TO YOU FOR JOINING US TONIGHT, AND WE THANK OUR GUESTS – SENATOR STANLEY CHANG, KENNA STORMOGIPSON FROM THE HAWAII APPLESEED CENTER FOR LAW AND ECONOMIC JUSTICE, REPRESENTATIVE TROY HASHIMOTO AND NANI MEDEIROS THE CHIEF HOUSING OFFICER FOR GOVERNOR JOSH GREEN.

NEXT WEEK ON INSIGHTS WE ARE DISCUSSING PROPERTY TAXES ON O’AHU.

AS HOME PRICES SKYROCKETED DURING PANDEMIC YEARS SO DID PROPERTY TAXES.

THE INCREASE IN THE ASSESMENT OF MANY HOMES HAS PUT A SIGNIFICANT FINANCIAL STRAIN ON HOMEOWNERS.

CAN ANYTHING BE DONE TO ADDRESS THIS ISSUE?

PLEASE JOIN US THEN.

I’M YUNJI DE NIES FOR INSIGHTS ON PBS HAWAII.

ALOHA.