Moloka'i Pilot Program Offers Homeowners $100K for Deed Restrictions
Maui County has launched a pilot program on Moloka'i offering homeowners up to $100,000 in exchange for placing deed restrictions on their properties. These restrictions require that homes be sold only to income-qualified residents at equitable prices for 25 years, with the county retaining the right of first refusal. The initiative aims to curb speculative investment and maintain housing affordability for local residents. Initially, the program will be tested with five homeowners, with applications open until May 29.