My Blog Honolulu Bill 7 FAQs What size properties qualify for Bill 7 redevelopment? Lots with area up to 20,000 square feet qualify for Bill 7.  The minimum front yard must be 10 feet, or the minimum required by the underlying zoning, whichever is less. The minimum side and rear yards must be 5 feet, or whatever is required by the […]
My Blog Honolulu’s Bill 7 Features and Incentives   Here are some of the features and incentives provided by Bill 7  The building is not required to provide parking spaces according to a mandated ratio. This allows the developer to determine the optimum number of parking spaces that will yield the most apartments, given the demand in the market for parking stalls. Buildings […]
My Blog Bill 60 to Ammend Bill 7 by Removing Rent Caps   Changes to Affordable Rent Requirements in Bill 7 Proposed in Bill 60.     Mayor Caldwell signed Bill 7 to encourage private sector-funded, higher-density redevelopment of Apartment and Mixed-use properties of 20,000 square feet or smaller. Bill 7 provides incentives for private developers to increase the number of rental units that can be built […]
My Blog Bill 7 Update Dianne Shares Great News about Bill 7 The first affordable residential rental project that takes advantage of the opportunities provided by Bill 7 has been approved and is under construction. A property in Liliha that was previously a neighborhood eyesore (according to the developer) is being transformed into a 25 unit walk-up rental complex, where […]
Don't Miss Our Next Post
Subscribe Now