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June 2022

Found 1 blog entry for June 2022.

Major TVR Phase-Out Update

For approximately 9 months now, RAM has been actively working to oppose two TVR phase out proposals that would have stripped thousands of property owners of their vested rights and caused major economic turmoil for the county. I am pleased to share that our policy arguments and hard work have finally paid off, and the Maui County Council has decided to take their TVR “phase out” in a much different direction. Instead of the legislative proposals we were opposed to, the Planning and Sustainable Land Use Committee of the Maui County Council opted to pursue an alternative model that would allow condominiums to voluntarily eliminate TVR use if a majority of unit owners agree. The current proposal would require 100% of unit owners

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