State Subsidized Housing… in this case WHY ?
“The state subsidizes some of the units, so there’s a qualification that they must meet.”
As a general guideline, potential gap group buyers must earn a minimum of 84 thousand dollars a year. A single person can’t make more than 102 thousand dollars annually, and two or more buyers’ incomes can’t exceed 114 thousand dollars. Other restrictions apply, as well.”
I’m still trying to figure out who the asshats are that thought people making more than 80 large a year needed state subsidized housing.
Here we go.
I swear, this shits just getting way outta hand.
February 5, 2008
Honorable Russell Kokubun, Chair,
and Members of the Committee on
Commerce, Consumer Affairs, and
Hawaii State Senate
Honolulu, Hawaii 96813
Dear Chair Kokubun and Members:
Subject: In Support of Senate Bill No. 2294
“This is to express my strong support for Senate Bill (S.B.) No. 2294 relating to Kakaako.
S.B. 2294 seeks to require that 50 percent of the floor area in planned development project
constructed in the Kakaako Community Development district be set aside as reserved housing
units for low- and moderate-income households.”
“low and moderate incomes “?
My wife and I dont pull down 80 thousand dollars a year and we bought our own place with no help whatsoever !