Housing (Housing Finance)

signed · Hawaii · House Jul 9, 2026

HB 2270: RELATING TO THE DOWNPAYMENT LOAN ASSISTANCE PROGRAM.

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)

Topics ✓ HousingSupports HousingAmends downpayment program to enhance assistance for low/moderate-income first-time homebuyers, directly advancing affordable housing access.95% confidence

Sub-Topics Homeownership Housing Finance Mortgages

passed · Hawaii · Senate Feb 19, 2026

SB 2675: RELATING TO THE LOW-INCOME HOUSING TAX CREDIT.

Clarifies that a partner or member of a partnership or limited liability company that has been allocated a low-income housing tax credit issued after July 1, 2026, may either further allocate the credit or transfer, sell, or assign all or a portion of the credit to any taxpayer. Extends the sunset date of Act 129, SLH 2016, relating to the low-income housing tax credit, until 12/31/2032. Effective 7/1/2050. (SD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesExtends low-income housing tax credit program, providing tax relief for affordable housing development and maintaining funding for essential housing services.92% confidence ✓ HousingSupports HousingExtends LIHTC program and allows tax credit transfers, directly incentivizing affordable housing development through federal tax credit mechanisms.95% confidence

Sub-Topics Tax Credits Affordable Housing Housing Finance

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in committee · Hawaii · Senate Feb 3, 2026

SB 2197: RELATED TO HOUSING.

Replaces the five-year period during which the sales price of a rent-to-own dwelling unit shall remain fixed with an option period established by the Hawaii Housing Finance and Development Corporation. Effective 7/1/2050.

Topics ✓ HousingSupports HousingBill modifies rent-to-own program via HHFDC to establish flexible option periods, supporting housing affordability and tenant pathways to ownership.95% confidence

Sub-Topics Housing Finance Property Development Renters

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signed · Hawaii · Senate Jul 9, 2026

SB 2069: RELATING TO THE DWELLING UNIT REVOLVING FUND.

Extends the sunset date of the Dwelling Unit Revolving Fund Equity Pilot Program pursuant to Act 92, SLH 2023, from June 30, 2028, to June 30, 2031. Requires any equity purchased by the Hawaii Housing Finance and Development Corporation under the Dwelling Unit Revolving Fund Equity Pilot Program to be in a for-sale housing development project within a transit-oriented development zone. Authorizes HHFDC to spend up to $20,000,000 from the Dwelling Unit Revolving Fund for the Equity Pilot Program established pursuant to Act 92, Session Laws of Hawaii 2023. (CD2)

Topics ✓ Budget & TaxesSupports Budget & TaxesBill makes housing fund permanent, expands funding uses, and exempts disbursements from appropriation requirements, strengthening affordable housing financial mechanisms.85% confidence ✓ HousingSupports HousingAuthorizes HHFDC to use existing funds for Equity Pilot Program, advancing affordable housing initiatives through targeted funding reallocation.90% confidence ✓ TransportationSupports TransportationRequires housing projects in transit-oriented development zones, promoting transit-accessible housing and supporting public transit integration.92% confidence

Sub-Topics Housing Finance Property Development

passed both · Hawaii · House Mar 30, 2026

HB 1724: RELATING TO THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION.

Makes the Dwelling Unit Revolving Fund Equity Pilot Program permanent, with modifications that include changing the method for computation of interest for purchasers of certain real property. Expands the use of proceeds in the Dwelling Unit Revolving Fund to include purchasing equity in for-sale housing development projects and interim primary or secondary financing. Exempts disbursements from the Affordable Homeownership Revolving Fund from appropriation and allotment requirements. Effective 7/1/2050. (SD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesBill makes affordable housing funding permanent and expands use of proceeds, exempting disbursements from appropriation requirements, which strengthens housing finance programs.85% confidence ✓ HousingSupports HousingPermanently expands HHFDC's Dwelling Unit Revolving Fund to fund equity in for-sale housing development projects, advancing affordable housing through financial mechanisms.95% confidence

Sub-Topics Appropriations Procurement Homeownership Housing Finance Property Development

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passed · Hawaii · Senate Dec 8, 2025

SB 1235: RELATING TO HOUSING.

Establishes within the Hawaii Housing Finance and Development Corporation the Government Employee Housing Program. Establishes the Government Employee Housing Revolving Fund. Clarifies eligibility for the Government Housing Revolving Fund and Government Employee Housing Program. Appropriates funds. (SD1)

Topics ✓ HousingSupports HousingEstablishes government employee housing program and revolcing fund with appropriations, directly advancing affordable housing for a specific group as indicated by subjects list.90% confidence

Sub-Topics Housing Finance Property Development

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passed · Hawaii · Senate Feb 19, 2026

SB 2232: RELATING TO A TINY HOME GRANT PILOT PROGRAM.

Establishes a three-year Tiny Home Grant Pilot Program within the Hawaii Housing Finance and Development Corporation. Requires counties and nonprofit organizations that are awarded a grant to submit an annual report to the HHFDC. Requires a report to the Legislature. Appropriates funds and establishes a position. Effective 7/1/2050. (SD1)

Topics ✓ HousingSupports HousingFunds tiny home grant pilot program through HHFDC to increase affordable housing options via new housing development initiative.95% confidence

Sub-Topics Homelessness Housing Finance Property Development

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passed · Hawaii · Senate Feb 17, 2026

SB 2071: RELATING TO HOUSING.

Clarifies that the dwelling units eligible for the Rent-to-Own Program shall be units that are for sale in fee simple or leasehold on non-ceded state or county land under a lease with an initial term of not less than 99 years. Replaces the five-year period during which the sales price of a rent-to-own dwelling unit shall remain fixed with an option period established by the Hawaii Housing Finance and Development Corporation. Effective 7/1/2050. (SD1)

Topics ✓ HousingSupports HousingExtends fixed sales price period for Rent-to-Own Program from 5 to 10 years, stabilizing affordability and strengthening access to homeownership under housing program.92% confidence

Sub-Topics Housing Finance Renters Tenant Rights

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in committee · Hawaii · House Jan 30, 2026

HB 2260: RELATING TO THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION.

Makes the Dwelling Unit Revolving Fund Equity Pilot Program permanent, with modifications. Repeals the sunset date for Act 92, Session Laws of Hawaii 2023.

Topics ✓ HousingSupports HousingMakes Dwelling Unit Revolving Fund Equity Program permanent, sustaining affordable housing funding and development initiatives.95% confidence

Sub-Topics Housing Finance Property Development

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in committee · Hawaii · Senate Jan 30, 2026

SB 3080: RELATING TO THE RENTAL HOUSING REVOLVING FUND.

Clarifies the Rental Housing Revolving Fund statute by defining "mixed-income rental projects" to establish consistent eligibility and use of appropriations for mixed-income rental housing projects. Clarifies that mixed-income rental projects are primarily for households at or below one-hundred-forty per cent of the area median income, allowing participation by higher-income households. Authorizes the Hawaii Housing Finance and Development Corporation to transfer funds between the Rental Housing Revolving Fund into the mixed-income subaccount to support eligible mixed-income projects, without legislative approval. Repeals the sunset date in Act 159, Session Laws of Hawaii 2025, thereby making these provisions permanent. Requires a report to the Legislature.

Topics ✓ HousingSupports HousingClarifies eligibility for mixed-income projects targeting households ≤140% AMI, ensuring funds support affordable housing development and consistent use of Rental Housing Revolving Fund.90% confidence

Sub-Topics Housing Finance Property Development Renters

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