Our Homes - Ending the Housing Crisis: An Empty Homes Tax for Honolulu
Update: 2024-09-14
Description
In this episode of Our Homes, Ellen Carson and Keith Webster (advocates for Faith Action for Community Equity, a nonprofit focusing on housing and homelessness solutions) speak about an empty homes tax under consideration by the Honolulu City Council. Modeled after Vancouver, Canada’s tax, Honolulu’s proposal would be levied on an empty home’s assessed value, on a graduated rate with a 3 year phase. Faith Action for Community Equity believes this would disincentivize non-resident buyers and create a funding mechanism to support more housing construction and homeless services.
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