Hawaii Gov. Josh Green has proposed investing $1 billion in affordable housing and giving tax breaks to people of all income levels to lower the cost of living in the islands.
“If we cut some of the costs on early education or adult daycare and we put some tax dollars back into people’s pockets, then they can stay in Hawaii,” Green told reporters.
Green said he would likely need to take emergency action to streamline the development of more traditional housing as well.Senate President Ron Kouchi, a Democrat, said after the speech that Green’s housing proposals were doable. He said spending more this year will ensure that the state has more affordable housing in the pipeline.
The state began the year with a $1.9 billion surplus thanks to the tourism industry bouncing back strongly from the coronavirus pandemic. Both Kouchi and House Speaker Scott Saiki, a Democrat, said they preferred tax credits be targeted for those who need them, rather than people in all income brackets.
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