Judge rules rent cannot be raised until 2051 at affordable housing complex in Lahaina

Rents will not increase for tenants of an affordable housing complex in Lahaina. That’s the latest development in a case that involved a developer who sought to remove a 51-year restriction on raising rent.

Front Street Affordable Housing Partners built the Front Street Apartments in 2001 in return for $15 million in state-funded tax credits, and a promise to keep rent affordable through 2051.

But after 15 years, the developer requested and got the OK from the Hawaiʻi Housing Finance and Development Corporation to raise the rent.

Tenants filed suit and in August 2020, Hawaiʻi Federal District Court Judge Jill Otake ruled that the developer was obligated to honor its commitment to keep rents affordable for 51 years.