Informing the Legislature that on July 8, 2026, the Governor signed the following bill into law: SB2069 SD2 HD1 CD2 (ACT 213).

This bill extends the Dwelling Unit Revolving Fund equity pilot program in Hawaii from June 2028 to June 2031, allowing the state housing finance corporation to continue helping qualified buyers purchase homes at reduced prices. The program specifically targets residents in critical shortage professions like healthcare and education by having the state purchase a share of equity in new homes, which lowers the purchase price for the buyer. Additionally, the law requires that these equity purchases be limited to homes located in transit-oriented development zones, such as areas near major bus routes or transit hubs. By amending existing statutes, the bill ensures that the program's requirements and eligibility rules remain in effect through the extended deadline.