Housing (Housing Finance)

passed both · Hawaii · House Mar 30, 2026

HB 916: RELATING TO THE LOW-INCOME HOUSING TAX CREDIT.

Allows tax credits claimed under the State Low-Income Housing Tax Credit Program to be used to offset taxes imposed by the state transient accommodations tax law. Specifies that tax credit amounts applied to state transient accommodations taxes be limited to state transient accommodations taxes imposed in the same county in which the qualified low-income building is located. Makes permanent Act 129, SLH 2016. Applies to taxable years beginning after 12/31/2027. Effective 7/1/3000. (SD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesAllows tax credits to offset transient accommodations tax, providing relief for low-income housing programs through fiscal policy95% confidence ✓ HousingSupports HousingBill expands low-income housing tax credit usability, enabling credits to offset county-specific transient tax, directly funding affordable housing development per its title and summary.95% confidence

Sub-Topics Tax Credits Affordable Housing Historic Preservation Housing Finance

Track

passed both · Hawaii · House Mar 30, 2026

HB 1733: RELATING TO THE HOUSING LOAN AND MORTGAGE PROGRAM.

HB 1733 increases the maximum bond amount authorized under the state's Hula Mae Multifamily Housing Program, allowing more funds to finance affordable rental housing statewide. This directly affects developers building or maintaining low-income housing projects and residents relying on these affordable units. The bill raises the funding ceiling to prevent the program from hitting current limits, ensuring continued support for housing affordability. It does not change eligibility rules but expands available capital for housing projects across the state.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill increases bond funding ceiling for affordable housing program, expanding state budget allocation for public housing services.90% confidence ✓ HousingSupports HousingIncreases funding ceiling for affordable housing program, directly expanding financial support for low-income rental housing development without eligibility changes.95% confidence

Sub-Topics Debt & Bonds Affordable Housing Housing Finance Mortgages

Track

passed · Hawaii · Senate Dec 8, 2025

SB 27: RELATING TO HOUSING.

Exempts housing developments that have obtained financing commitments from the State from the requirement to obtain approval from the applicable county council. (SD1)

Topics ✓ HousingSupports HousingExempts state-financed housing projects from county approval, reducing development barriers and advancing housing construction.85% confidence

Sub-Topics Affordable Housing Housing Finance Property Development

Track

in committee · Hawaii · House Dec 8, 2025

HB 460: RELATING TO THE DWELLING UNIT REVOLVING FUND.

Establishes the Dwelling Unit Revolving Fund Equity Program. Repeals the Dwelling Unit Revolving Fund Equity Pilot Program. Clarifies that the Hawaii Housing Finance and Development Corporation may utilize funds in the Dwelling Unit Revolving Fund for the purchase of equity in for-sale housing development projects and interim primary or secondary financing.

Topics ✓ HousingSupports HousingEstablishes Dwelling Unit Revolving Fund Equity Program to fund for-sale housing development projects via HHFDC, directly advancing affordable housing initiatives through dedicated financing.92% confidence

Sub-Topics Housing Finance Property Development

Track

passed both · Hawaii · House Dec 8, 2025

HB 417: RELATING TO THE RENTAL HOUSING REVOLVING FUND.

Establishes the Housing Efficiency and Innovation Subaccount within the Rental Housing Revolving Fund. Specifies permissible uses of funding and priorities. Authorizes the Hawaii Housing Finance and Development Corporation to transfer funds between the Housing Efficiency and Innovation Subaccount and the Rental Housing Revolving Fund without legislative approval. Appropriates funds. Takes effect 7/1/2050. (SD1)

Topics ✓ HousingSupports HousingEstablishes Housing Efficiency and Innovation Subaccount within Rental Housing Revolving Fund, directs funding toward housing development priorities, and appropriates resources for housing initiatives.90% confidence

Sub-Topics Housing Finance Property Development Renters

Track

in committee · Hawaii · Senate Dec 8, 2025

SB 72: RELATING TO HOUSING.

Requires the Hawaii Housing Finance and Development Corporation (HHFDC) to consider as a preference under chapter 201H, HRS, the proximity between the housing location and the applicant's place of employment; whether the applicant is a state or county employee; and whether the applicant is a returning resident that left the State to attend a university, college, or trade school and has graduated within the past two years. Requires, for any project developed or administered by the HHFDC under chapter 201, HRS, the HHFDC to set aside as a matter of preference an undetermined per cent of available units for state or county employees, when feasible. Requires HHFDC to determine the order of preferences and rank applicants accordingly, select applicants based on application date within the pool of similarly ranked applicants, and validate the preference status of applicants before occupancy of a unit. Authorizes HHFDC to adopt rules to establish additional eligibility criteria.

Topics ✓ HousingSupports HousingBill mandates HHFDC to prioritize housing applicants based on employment proximity, state/county employment, and returning graduates - advancing accessible housing for key demographics through targeted preferences.95% confidence

Sub-Topics Affordable Housing Housing Finance Property Development

Track

passed both · Hawaii · House Apr 2, 2026

HB 833: RELATING TO COMMUNITY LAND TRUSTS.

Authorizes the Hawaii Housing Finance and Development Corporation to establish a five-year Community Land Trust Equity Pilot Program to provide community land trusts with a line of credit to fund the acquisition, rehabilitation, renovation, or construction of housing for certain households. Requires reports to the Legislature regarding the pilot program. Appropriates funds from the Dwelling Unit Revolving Fund for establishment of the pilot program. Sunsets the pilot program on 6/30/2030. Takes effect 7/1/2050. (SD1)

Topics ✓ HousingSupports HousingAuthorizes $ funding for community land trusts to develop affordable housing via pilot program, directly advancing affordable housing goals through targeted funding and housing development.95% confidence

Sub-Topics Housing Finance Property Development

Track

passed both · Hawaii · House Apr 2, 2026

HB 432: RELATING TO THE RENTAL HOUSING REVOLVING FUND.

Establishes the Mixed-Income Subaccount within the Rental Housing Revolving Fund to prioritize development of workforce rental and for-sale housing projects for qualified residents. Requires the Hawaii Housing Finance and Development Corporation to adopt administrative rules. Appropriates moneys. Effective 7/1/2050. (SD2)

Topics ✓ Budget & TaxesSupports Budget & TaxesAppropriates funds for workforce housing development via Rental Housing Revolving Fund subaccount, directly advancing budget allocation for housing programs.95% confidence ✓ HousingSupports HousingEstablishes subaccount funding workforce rental/for-sale housing projects, prioritizing qualified residents, directly advancing affordable housing development through dedicated funding and prioritization.95% confidence

Sub-Topics Affordable Housing Housing Finance Renters

Track

passed · Hawaii · Senate Feb 19, 2026

SB 2553: RELATING TO THE HOUSING LOAN AND MORTGAGE PROGRAM.

SB 2553 increases the maximum amount of state-funded bonds available for the Hula Mae Multifamily Revenue Program. This change would allow the program to continue financing affordable rental housing projects across the state by raising its funding limit. The bill directly affects affordable housing developers and renters who rely on these state-supported housing options. The program uses revenue bonds to fund new or existing apartment buildings offering below-market rent, and this bill would expand its capacity without creating new requirements. The bill is currently pending review by the Housing Committee.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases funding limit for affordable housing program via state bonds, advancing public service funding without tax changes.95% confidence ✓ HousingSupports HousingIncreases funding limit for affordable housing program, enabling continued financing of below-market rent projects.95% confidence

Sub-Topics Debt & Bonds Affordable Housing Housing Finance Renters

Track

signed · Hawaii · House Jun 24, 2026

HB 1711: RELATING TO HOUSING.

Amends, for purposes of the Hawaii Housing Finance and Development Corporation's Rent-to-Own Program, the period during which the sales price of a dwelling unit is required to remain fixed from 5 years to a period of up to 10 years. (CD1)

Topics ✓ HousingSupports HousingAmends Rent-to-Own Program to give Corporation flexibility in fixed sales price period, enhancing adaptability for affordable housing goals without reducing protections.80% confidence

Sub-Topics Homeownership Housing Finance Property Development