Maui mayor proposes tax incentives to boost long-term housing for wildfire survivors

Posted on AllSides November 28th, 2023
From The Center

HONOLULU (HawaiiNewsNow) - Maui County mayor Richard Bissen moves forward with a plan to increase housing for wildfire survivors.

He submitted a bill Tuesday that would exempt owners of short-term vacation rentals from paying property taxes if they covert their units into long-term rentals.

This also applies to timeshares and non-owner-occupied homes.

But to make up for the lost county revenue, property owners who do not participate would be taxed more.

The exemptions would run from February through June of 2025.

The county council will hear the bill next Tuesday.

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https://hawaiinewsnow.com/2023/11/29/maui-mayor-proposes-tax-incentives-boost-long-term-housing-wildfire-survivors

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