The Unintended Consequences of Affordable Housing Policy
By Carl Bonham Honolulu City Council Resolution 13-168 would amend the percentages of affordable housing units that developers must provide to receive authorization for housing projects. Current city policy requires that 10% of a development’s units must be affordable for households earning no more than 80% of the HUD median income for Honolulu. Another 10% of units in […]
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