About $253 million in city-approved bond appropriations earmarked for the acquisition, development and construction of affordable housing and related projects around Oahu will lapse by June 30, Honolulu officials said.
The Honolulu City Council’s subcommittee meant to sort through a slew of largely Council-initiated real property tax measures to aid homeowners affected by the approximately 10% or greater increase in real property tax assessments on Oahu is scheduled to hold its first meeting today.