HomeMy WebLinkAboutCOM 0905.002 2022-2024 P/FC
Bill 1711
GONM.905
From: Jennifer W
Sent: Monday,June 17, 2024 11:32 AM
To: Council Testimony
Subject: Testimony in support of Bill 174
Aloha and thank you for reading my testimony.
I think Bill 174 is long overdue and will help further break down the barriers to incentivizing homeowners to offer
long-term rentals.
With so many folks aging in place and finding space available in their homes to be able to offer to long-term
tenants,there have been hurdles to making that a reality.The most significant hurdle is the loss of the homeowner
tax classification and 3%cap which quickly makes the rental untenable for older folks on fixed incomes.This bill
will help reduce that hesitancy and open up properties to help fill the gap in housing we so desperately need.
Mahalo for working on various ways to help create more resident housing!
Jennifer Wilkinson
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Ref. Date j 1 8 2024