HB 2270 Hawaii House · 2026 Regular Session

RELATING TO THE DOWNPAYMENT LOAN ASSISTANCE PROGRAM.

Summary

Amends the Downpayment Loan Assistance Program by: removing the prohibition on combined loan-to-value ratios; clarifying the Hawaii Housing Finance and Development Corporation's authority to establish interest rates and allow payment waivers and interest forgiveness; authorizing financial institutions, mortgage lenders, and other loan originators to originate downpayment loans; and reducing the borrower's required personal contribution toward the downpayment. Authorizes borrowers to use a portion of a downpayment loan to pay for closing costs, prepaids, and reserves for the purchase of the residential property for which the downpayment loan is provided. (CD1)

Issues: ✓ Housing

Bill status signed all 5 stages cleared

Introduction

Jan 2026

Committee Review

May 2026

House Passage

May 2026

Senate Passage

May 2026

Signed into Law

Jul 2026

Introduced Jan 26, 2026 Signed Jul 9, 2026

Maddy AI version diff · 3 comparisons

What changed between versions

HB2270_HD1 → HB2270_SD1 · 4 edits

MODERATE

This bill updates the Downpayment Loan Assistance Program by clarifying that borrowers can use loan funds for closing costs, prepaids, and reserves, not just the down payment. It also shifts authority to the Hawaii Housing Finance and Development Corporation to set interest rates based on market conditions and allows the corporation to approve the sale of homes purchased with these loans. These changes aim to make the program more flexible and easier to administer for both borrowers and lenders.

Scope change

The bill expands the scope of allowable uses for downpayment loans to include closing costs, prepaids, and reserves, and extends the program's applicability to loans originated by financial institutions and other loan originators beyond just the corporation.

ELIGIBILITY

Borrowers are now authorized to use a portion of the downpayment loan to pay for closing costs, prepaids, and reserves for the purchase of the residential property.

REQUIREMENT

Interest rates are no longer fixed by statute but must be established by the corporation based on federal program requirements and market conditions.

New statutory conditions require borrowers to pay all property taxes and foreclosure costs, maintain fire and casualty insurance, and keep the property in good repair.

ENFORCEMENT

The corporation and the first mortgage lender must provide prior written approval before a residential property purchased with the loan can be sold or assigned.

Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

May 6, 2026

Lower · Passed

Passed Final Reading as amended in CD 1 with none voting aye with reservations; none voting no (0) and none excused (0).

lower

May 6, 2026

Upper · Passed

Passed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none.

upper

May 1, 2026

Introduced

48 Hrs. Notice (as amended CD 1) 05-06-26

upper

May 1, 2026

Upper · Passed

Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 102-26).

upper

May 1, 2026

Lower · Passed

Reported from Conference Committee (Conf Com. Rep. No. 102-26) as amended in (CD 1).

lower

Apr 29, 2026

Upper · Passed

The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 3 Aye(s): Senator(s) Chang, Hashimoto, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

upper

Apr 29, 2026

Lower · Passed

The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 3 Ayes: Representative(s) Evslin, Miyake, Pierick; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.

lower

Apr 28, 2026

Lower · Passed

Conference Committee Meeting will reconvene on Wednesday 04-29-26 10:00AM in conference room 224.

lower

Apr 27, 2026

Lower · Passed

Bill scheduled for Conference Committee Meeting on Tuesday, 04-28-26 10:03AM in conference room 224.

lower

Apr 16, 2026

Amended

House disagrees with Senate amendment (s).

lower

Apr 14, 2026

Introduced

Returned from Senate (Sen. Com. No. 668) in amended form (SD 1).

lower

Apr 14, 2026

Upper · Passed

Report adopted; Passed Third Reading. Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.

upper

Apr 7, 2026

Upper · Passed

The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. The votes in WAM were as follows: 12 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Richards, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Lee, C..

upper

Apr 2, 2026

Upper · Passed

The committee(s) on WAM will hold a public decision making on 04-07-26 10:31AM; Conference Room 211 & Videoconference.

upper

Mar 30, 2026

Upper · Passed

Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

upper

Mar 30, 2026

Committee

Reported from HOU (Stand. Com. Rep. No. 3209) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

upper

Mar 17, 2026

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, Hashimoto, Elefante, Rhoads; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fevella.

upper

Mar 12, 2026

Upper · Passed

The committee(s) on HOU has scheduled a public hearing on 03-17-26 1:05PM; Conference Room 225 & Videoconference.

upper

Mar 10, 2026

Committee

Referred to HOU, WAM.

upper

Mar 6, 2026

Introduced

Received from House (Hse. Com. No. 90).

upper

Mar 5, 2026

Lower · Passed

Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Perruso excused (1). Transmitted to Senate.

lower

Mar 2, 2026

Lower · Passed

The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 15 Ayes: Representative(s) Todd, Takenouchi, Hartsfield, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lee, M., Miyake, Morikawa, Perruso, Templo, Yamashita, Gedeon, Reyes Oda; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Alcos.

lower

Feb 19, 2026

Committee

Reported from HSG (Stand. Com. Rep. No. 572-26) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

lower

Feb 13, 2026

Lower · Passed

The committee on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 9 Ayes: Representative(s) Evslin, Miyake, Cochran, Grandinetti, Kila, Kitagawa, La Chica, Muraoka, Pierick; Ayes with reservations: none; Noes: none; and Excused: none.

lower

Jan 30, 2026

Committee

Referred to HSG, FIN, referral sheet 5

lower

Jan 28, 2026

Introduced

Introduced and Pass First Reading.

lower

Jan 26, 2026

Introduced

Pending introduction.

lower

1 primary · 0 co-sponsors