Housing (Housing Finance)

passed both · Hawaii · House Mar 30, 2026

HB 1732: RELATING TO HOUSING.

Establishes the Kamaaina Homes Pilot Program within the Hawaii Housing Finance and Development Corporation to provide funding to a county, to be designated by the Corporation, to purchase voluntary deed restrictions from eligible homebuyers. Sunsets 6/30/2032. Effective 7/1/3000. (SD1)

Topics ✓ HousingSupports HousingEstablishes Kamaaina Homes Program to fund counties purchasing voluntary deed restrictions, securing long-term affordability for homebuyers through HHFDC.95% confidence

Sub-Topics Housing Finance Property Development

Track

passed · Hawaii · Senate Dec 8, 2025

SB 35: 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 moneys between the Housing Efficiency and Innovation Subaccount and the RHRF without legislative approval. (SD1)

Topics ✓ HousingSupports HousingEstablishes Housing Efficiency and Innovation Subaccount within Rental Housing Revolving Fund, authorizing HHFDC to allocate funds toward housing programs and priorities, directly advancing affordable housing funding.95% confidence

Sub-Topics Housing Finance Property Development Renters

Track

passed · Hawaii · Senate Dec 8, 2025

SB 70: RELATING TO HOUSING.

Requires eligible applicants of the Rental Housing Revolving Fund to be either governmental agencies or organizations that are required to use all financial surplus, excluding fees, to develop additional housing in the State. (SD1)

Topics ✓ HousingSupports HousingMandates RHRF surplus use for housing development, advancing affordable housing through targeted funding of eligible applicants.95% confidence

Sub-Topics Housing Finance Renters

Track

in committee · Hawaii · House Dec 8, 2025

HB 1261: RELATING TO TAXATION.

Establishes a tax credit for landlords who charge below-market rent and assesses an additional privilege tax on landowners who charge above-market rent, under certain conditions. Requires the Hawaii Housing Finance and Development Corporation to determine median market rent for rental units by geographic area for the purposes of the below-market rent tax credit and above-market rent tax.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates tax credit for below-market rent and additional tax on above-market rent, promoting housing affordability through targeted taxation and fiscal management.90% confidence ✓ HousingSupports HousingTax credit for below-market rent directly increases affordable housing access; above-market rent tax penalizes excessive pricing, strengthening tenant protections and aligning with housing affordability goals.92% confidence

Sub-Topics Tax Credits Housing Finance Property Taxes Renters

Track

in committee · Hawaii · House Dec 8, 2025

HB 1306: RELATING TO HOUSING.

HB 1306 establishes the Kupuna Home Equity Conversion Mortgage Program through the Hawaii Housing Finance and Development Corporation. It allows older Hawaii residents (kūpuna) who own homes to convert their home equity into mortgage payments, providing financial stability as they age. The program is administered by the Hawaii Housing Finance Corporation, which will manage eligibility, funding, and participant support. This directly affects homeowners aged 62+ who wish to leverage their home equity without selling their property.

Topics ✓ HousingSupports HousingEstablishes Kupuna Home Equity Conversion Program via HHFDC, providing financial stability for seniors to retain homeownership, directly funding housing security for elderly residents.95% confidence

Sub-Topics Housing Finance Mortgages Property Development

Track

passed both · Hawaii · Senate Apr 2, 2026

SB 944: RELATING TO THE LOW-INCOME HOUSING TAX CREDIT.

Clarifies that a partner or member that is a partnership or limited liability company that has been allocated a low-income housing tax credit 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 7/1/3000. (HD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesExtends low-income housing tax credit program, enabling continued tax incentives for affordable housing development and funding through tax credits.90% confidence ✓ HousingSupports HousingExtends LIHTC program until 2032, ensuring continued tax credit funding for affordable housing development by clarifying allocation rules for developers.92% confidence

Sub-Topics Tax Credits Affordable Housing Housing Finance

Track

in committee · Hawaii · House Dec 8, 2025

HB 416: RELATING TO HOUSING.

Exempts certain state-financed housing developments from the requirement to obtain approval from the applicable county council. Authorizes a county planning director to reject certain permit applications due to a lack of infrastructure. Effective 7/1/3000. (HD1)

Topics ✓ HousingSupports HousingExempts state-financed housing from county approval, streamlining development and supporting housing projects per bill's core purpose.90% confidence

Sub-Topics Housing Finance

Track

in committee · Hawaii · House Feb 19, 2026

HB 1812: RELATING TO HOUSING.

Establishes a 5-year Hawaii Builds Pilot Program within the Hawaii Housing Finance and Development Corporation and designates projects that meet specific requirements as Hawaii Builds Pilot Projects. Authorizes the Corporation to deploy moneys from the Dwelling Unit Revolving Fund for predevelopment activities or as active construction equity. Requires annual reports to the Legislature. Sunsets 6/30/2031. Effective 7/1/3000. (HD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes deployment of dwelling unit revolving fund moneys for housing pilot, directing budget allocation toward affordable housing programs (50% units for 60-140% AMI households).95% confidence ✓ HousingSupports HousingEstablishes pilot program funding affordable housing units for 60-140% AMI households with 50% mandate, directly advancing affordable housing goals.95% confidence

Sub-Topics Affordable Housing Housing Finance Zoning

Track

in committee · Hawaii · House Feb 19, 2026

HB 1723: RELATING TO THE RENTAL HOUSING REVOLVING FUND.

Specifies the conditions upon which the Hawaii Housing Finance and Development Corporation may transfer moneys from within the Rental Housing Revolving Fund to a subaccount and between subaccounts of the revolving fund. Authorizes the Rental Housing Revolving Fund to be used to provide any and all forms of financing. Expands the funding priorities of, and appropriates funds into and out of, the Mixed-Income Subaccount. Effective 7/1/3000. (HD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesRedirects conveyance tax revenues to Mixed-Income Subaccount for housing projects, funding essential affordable housing through tax revenue allocation.95% confidence ✓ HousingSupports HousingBill revises funding priorities for mixed-income housing projects, appropriates funds, and authorizes tax revenue transfers to expand affordable housing access.95% confidence

Sub-Topics State Budget Affordable Housing Historic Preservation Housing Finance

Track

passed · Hawaii · Senate Dec 8, 2025

SB 40: RELATING TO STATE FINANCES.

Authorizes the Hawaii Housing Finance and Development Corporation to utilize revenue bonds when securing a line of credit or other instrument of indebtedness for the Bond Volume Cap Recycling Program. Effective 7/1/3000. (HD1)

Topics ✓ HousingSupports HousingBill authorizes HHFDC to use revenue bonds for housing finance program, enabling funding for housing development and affordability initiatives.85% confidence

Sub-Topics Housing Finance Property Development

Track