Thursday, November 21, 2024
Hawai'i Free Press

Current Articles | Archives

Monday, September 26, 2016
Affordable Housing Funds Wasted; There's a Better Way Forward
By Rep Charles Djou @ 10:45 PM :: 5676 Views :: Honolulu County, Cost of Living

Affordable Housing Funds Wasted; There's a Better Way Forward

Message to Supporters from www.Djou.com                                       September 25, 2016

Through the campaign I've had the privilege of meeting a number of experts on homelessness in Hawaii. They tell me that one of the significant drivers of homelessness is the lack of affordable housing.  That's why it is so tragic that the City under the current administration has mismanaged tens of millions of dollars in affordable housing funds.

The City's administration's failure to properly manage affordable housing in our community is utterly tragic and is one of the reasons I'm running for Mayor. 

First, I'm committed to completing an affordable housing plan for our City so we have a clear direction and commitment to providing affordable housing.  Second, we need to eliminate the waste and mismanagement in our affordable housing program so that federal funds are used appropriately. And, third, we need to look for creative options to incentivize development of affordable housing.  I have been working with affordable housing experts, including Peter Savio, to craft policies to actually create affordable housing. An example is "equity build" rental units, which will provide families a path to home ownership by offering them a chance to save their own down payment.  Tenants will pay rent, and as they do, the equity the unit gains will go into an escrow account for the tenant instead of to the landlord for profit.  This type of City project would create value for tenants; giving tenants the value of the appreciation, amortization, and tax benefits of ownership.



Charles at a press conference on Thursday with housing expert Peter Savio discussing the critical need to fix the City's sloppy handling of affordable housing and need to address housing for our community.

Will you help me continue to spread the word that we have a clear choice in this election -- more failed government or our vision for a better future?  Your contribution of $50, $100 or any amount up to the maximum of $4,000, will help us communicate our message.  Ballots will be mailed in three short weeks.  We can't wait.  Every dollar you donate will be immediately used to spread our message of fiscal responsibility and accountability in government.  Mahalo in advance for your support.

Aloha,

Charles Djou

Links

TEXT "follow HawaiiFreePress" to 40404

Register to Vote

2aHawaii

Aloha Pregnancy Care Center

AntiPlanner

Antonio Gramsci Reading List

A Place for Women in Waipio

Ballotpedia Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii

FIRE

Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Habele.org

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii ConCon Info

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federation of Republican Women

Hawaii History Blog

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Matters

Hawaii Military History

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Together

HiFiCo

Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

July 4 in Hawaii

Land and Power in Hawaii

Lessons in Firearm Education

Lingle Years

Managed Care Matters -- Hawaii

MentalIllnessPolicy.org

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

Natatorium.org

National Parents Org Hawaii

NFIB Hawaii News

NRA-ILA Hawaii

Obookiah

OHA Lies

Opt Out Today

Patients Rights Council Hawaii

Practical Policy Institute of Hawaii

Pritchett Cartoons

Pro-GMO Hawaii

RailRipoff.com

Rental by Owner Awareness Assn

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

School Choice in Hawaii

SenatorFong.com

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

Waagey.org

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii