SB 858 Hawaii Senate · 2024 Regular Session

RELATING TO HOUSING.

Summary

Requires the Hawaiʻi Housing Finance and Development Corporation to: prioritize the allocation of low-income housing tax credits to state-owned development projects; amend the Low-Income Housing Tax Credit Qualified Allocation Plan to allow up to twenty per cent of the maximum one hundred twenty points on the application criteria point system to be allocated to projects offering to convey ownership of the completed project to the State or an organization obliged to use all financial surpluses generated by the project to construct more housing; not award additional points for developer fees that are under twelve per cent; and prioritize applicants who have demonstrated accelerated full repayment into the rental housing revolving fund of past rental housing revolving fund loans. (SD1)

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2023

Committee Review

Floor Vote

Governor

Introduced Jan 20, 2023 Last action Dec 11, 2023

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 15, 2023

Committee

Reported from HOU (Stand. Com. Rep. No. 312) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

upper

Feb 2, 2023

Upper · Passed

The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 4 Aye(s): Senator(s) Chang, Kanuha, Aquino, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Rhoads.

upper

Jan 27, 2023

Upper · Passed

The committee(s) on HOU has scheduled a public hearing on 02-02-23 1:00PM; Conference Room 225 & Videoconference.

upper

Jan 27, 2023

Committee

Referred to HOU, WAM.

upper

Jan 20, 2023

Introduced

Introduced.

upper

3 primary · 1 co-sponsor