Housing (Property Development)

introduced · Hawaii · Senate Jul 9, 2026

GM 1312: Informing the Legislature that on July 8, 2026, the Governor signed the following bill into law: HB1740 HD2 SD2 CD1 (ACT 210).

This bill amends the rules for the Hawaii Housing Finance and Development Corporation to address housing shortages by updating how "qualified residents" are defined and what restrictions apply to affordable housing units. It removes certain financial screening requirements that duplicate standard lender checks and allows deed-restricted units to be rented long-term after an initial occupancy period, rather than requiring perpetual owner-occupancy. The law also limits a qualified resident to owning a majority interest in no more than one dwelling property at a time, requiring the sale of any additional property within two years. These changes aim to reduce administrative burdens, prevent vacant investment holdings, and ensure that affordable housing remains available to local residents without unnecessarily restricting household mobility.

Topics ✓ HousingSupports HousingBill addresses housing shortages by updating affordable housing rules, removing redundant financial screening, and allowing long-term rentals for deed-restricted units.85% confidence

Sub-Topics Affordable Housing Housing Finance Property Development

Track

introduced · Hawaii · Senate Jul 9, 2026

GM 1315: 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.

Topics ✓ HousingSupports HousingBill extends a housing finance program to help qualified buyers purchase homes at reduced prices, directly advancing affordable housing.90% confidence

Sub-Topics Housing Finance Property Development

Track

introduced · Hawaii · Senate Jul 9, 2026

GM 1314: Informing the Legislature that on July 8, 2026, the Governor signed the following bill into law: SB2060 SD2 HD1 CD1 (ACT 212).

This bill, signed into law as Act 212, establishes a new Rental Housing Revolving Fund to support the development, construction, and preservation of affordable rental housing in Hawaii. The fund will be administered by the state corporation and can be financed through legislative appropriations, conveyance taxes, private donations, loan repayments, and interest. It provides various forms of financial assistance, including loans, equity investments, and credit enhancement, with a specific priority given to projects that include a significant number of very low-income units. The legislation also defines a "mixed-income rental project" as a development offering units to households at different income levels, primarily those earning at or below 140% of the area median income.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill establishes a new Rental Housing Revolving Fund financed by legislative appropriations and taxes to fund affordable housing, directly advancing budget and taxation for public services.90% confidence ✓ HousingSupports HousingBill establishes a new fund to finance affordable rental housing development and preservation.95% confidence

Sub-Topics Property Development Renters

Track

introduced · Hawaii · Senate Jul 9, 2026

GM 1318: Informing the Legislature that on July 8, 2026, the Governor signed the following bill into law: SB2544 SD2 HD1 CD1 (ACT 216).

This bill establishes a five-year pilot program called "Hawaii Builds" within the Hawaii Housing Finance and Development Corporation to address the state's shortage of affordable housing for middle-income families. The program allows the corporation to use up to $20 million per year from its revolving fund for predevelopment activities like land acquisition and design, while requiring interagency coordination to speed up project timelines. To qualify, projects must be located on sites with adequate infrastructure, preferably in residential zones, and ensure all units meet specific affordability standards. Additionally, the law mandates that at least one such pilot project be designated in each county to promote statewide participation.

Topics ✓ HousingSupports HousingBill establishes a pilot program to address affordable housing shortages and funds predevelopment activities.95% confidence

Sub-Topics Affordable Housing Housing Finance Property Development

Track

introduced · Hawaii · Senate Jul 9, 2026

GM 1317: Informing the Legislature that on July 8, 2026, the Governor signed the following bill into law: HB2385 HD3 SD1 CD1 (ACT 215).

This bill, signed into law as Act 215, shifts the authority to approve general excise tax exemptions for affordable housing projects from individual counties to the state's Hawaii Housing Finance and Development Corporation. Beginning January 1, 2027, the state agency will certify these tax incentives for developments that utilize county housing programs, aiming to better offset rising construction costs and interest rates. The legislation also grants counties expanded powers to develop, finance, and construct low- and moderate-income housing, including the ability to make loans, guarantee mortgages, and acquire land, while prohibiting counties from issuing state general obligation bonds for such projects. These changes are designed to leverage both state and local resources to address Hawaii's ongoing housing shortage by streamlining the approval process for affordable rental housing.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill centralizes tax exemption authority to offset rising construction costs, supporting affordable housing funding and fiscal management.85% confidence ✓ HousingSupports HousingBill centralizes tax exemption authority to better offset construction costs and interest rates for affordable housing projects.90% confidence

Sub-Topics Sales Tax Affordable Housing Housing Finance Property Development

Track

passed · Hawaii · Senate Apr 10, 2026

SCR 68: URGING THE DEPARTMENT OF LAND AND NATURAL RESOURCES TO TRANSFER PARCELS THAT MAKE UP THE EAST KAPOLEI TRANSIT-ORIENTED DEVELOPMENT PROJECT TO THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION AND URGING THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION TO PARTNER WITH THE HAWAII COMMUNITY DEVELOPMENT AUTHORITY TO FACILITATE THE DEVELOPMENT OF NON-HOUSING COMMUNITY DEVELOPMENT PORTIONS OF THE PROJECT.

This Senate Concurrent Resolution urges the Department of Land and Natural Resources to transfer several state-owned parcels in the East Kapolei Transit-Oriented Development Project to the Hawaii Housing Finance and Development Corporation. The resolution also asks the Housing Corporation to partner with the Hawaii Community Development Authority to handle non-housing community development and infrastructure work across the project area. These agencies are being encouraged to coordinate their roles based on their existing expertise, with the Housing Corporation leading housing development and the Community Development Authority managing infrastructure improvements. The bill does not mandate these actions but formally requests the agencies to align their responsibilities for this mixed-use development that includes affordable housing, commercial spaces, and transit support facilities.

Topics ✓ HousingSupports HousingBill urges transfer of state parcels to housing finance corporation to facilitate housing development, directly advancing affordable housing initiatives.85% confidence ✓ TransportationSupports TransportationBill promotes transit-oriented development and infrastructure coordination, supporting transportation improvements through agency partnerships.75% confidence

Sub-Topics Affordable Housing Community Development Property Development

Track

passed · Hawaii · Senate May 12, 2026

SR 63: URGING THE DEPARTMENT OF LAND AND NATURAL RESOURCES TO TRANSFER PARCELS THAT MAKE UP THE EAST KAPOLEI TRANSIT-ORIENTED DEVELOPMENT PROJECT TO THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION AND URGING THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION TO PARTNER WITH THE HAWAII COMMUNITY DEVELOPMENT AUTHORITY TO FACILITATE THE DEVELOPMENT OF NON-HOUSING COMMUNITY DEVELOPMENT PORTIONS OF THE PROJECT.

This Senate Resolution urges the Department of Land and Natural Resources to transfer several state-owned parcels in the East Kapolei Transit-Oriented Development Project to the Hawaii Housing Finance and Development Corporation for development. It also asks the Housing Finance Corporation to partner with the Hawaii Community Development Authority to handle non-housing community development and infrastructure work across the project area. The bill does not mandate these actions but recommends them based on the agencies' existing roles and past successful collaborations on similar projects.

Topics ✓ HousingSupports HousingBill urges transfer of state parcels to housing finance corporation to facilitate affordable housing development in East Kapolei project.90% confidence ✓ TransportationSupports TransportationBill promotes transit-oriented development and infrastructure improvements in East Kapolei, directly advancing transportation goals through parcel transfers and community development partnerships.85% confidence

Sub-Topics Community Development Housing Finance Property Development

Track

in committee · Hawaii · Senate Mar 19, 2026

SR 74: REQUESTING THE OFFICE OF PLANNING AND SUSTAINABLE DEVELOPMENT, IN CONSULTATION WITH THE HAWAII COMMUNITY DEVELOPMENT AUTHORITY, HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION, AND THE CITY AND COUNTY OF HONOLULU, TO CONDUCT AN ASSESSMENT OF PROJECTED MAXIMUM INFRASTRUCTURE CAPACITY AROUND TRANSIT-ORIENTED DEVELOPMENT AREAS WITHIN THE CITY AND COUNTY OF HONOLULU.

This Senate Resolution asks the Office of Planning and Sustainable Development to work with several agencies to evaluate how much infrastructure capacity exists around transit-oriented development areas in Honolulu. The assessment will focus specifically on sewer and water systems to determine if they can handle future growth in these neighborhoods. This study aims to identify necessary upgrades and investments before new construction projects proceed in these designated zones. The resolution directs the findings to be shared with multiple city and state officials responsible for planning and development.

Topics ✓ HousingSupports HousingBill assesses infrastructure capacity for transit-oriented development, which supports housing development planning and potential housing expansion in designated areas.75% confidence ✓ TransportationSupports TransportationBill assesses infrastructure capacity around transit-oriented development to identify necessary upgrades and investments, supporting sustainable transportation planning.85% confidence

Sub-Topics Community Development Housing Finance Property Development

Track

passed · Hawaii · Senate May 19, 2026

SR 45: SUPPORTING THE USE OF THE DWELLING UNIT REVOLVING FUND TO FUND PREDEVELOPMENT COSTS FOR ANY GOVERNMENT AFFORDABLE HOUSING DEVELOPMENT PROJECT THROUGH INTERIM LOANS TO EXPEDITE THE DELIVERY OF AFFORDABLE HOUSING TO HAWAII'S RESIDENTS.

This Senate Resolution supports using the Dwelling Unit Revolving Fund to provide interim loans for predevelopment costs on government affordable housing projects in Hawaii. The measure aims to help cover expenses like site analysis, design work, environmental assessments, and permit preparation before construction begins. These loans would be repaid by developers through the project's permanent financing once construction is underway. The resolution directs copies to the Hawaii Housing Finance and Development Corporation and its Board of Directors for their consideration.

Topics ✓ HousingSupports HousingBill explicitly funds predevelopment costs for government affordable housing projects through interim loans, directly advancing affordable housing delivery in Hawaii.95% confidence

Sub-Topics Affordable Housing Housing Finance Property Development

Track

passed both · Hawaii · House Apr 27, 2026

HCR 85: URGING THE DEPARTMENT OF LAND AND NATURAL RESOURCES TO TRANSFER PARCELS THAT MAKE UP THE EAST KAPOLEI TRANSIT-ORIENTED DEVELOPMENT PROJECT TO THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION AND URGING THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION TO PARTNER WITH THE DEPARTMENT OF HAWAIIAN HOME LANDS AND HAWAII COMMUNITY DEVELOPMENT AUTHORITY TO FACILITATE THE DEVELOPMENT OF NON-HOUSING COMMUNITY DEVELOPMENT PORTIONS OF THE PROJECT.

This bill urges state agencies to reorganize the East Kapolei Transit-Oriented Development Project by transferring land parcels currently owned by the Department of Land and Natural Resources to the Hawaii Housing Finance and Development Corporation. It also requests that the Housing Corporation partner with the Hawaii Community Development Authority and Department of Hawaiian Home Lands to handle non-housing aspects like commercial development and infrastructure improvements. The resolution aims to align agency responsibilities with their core functions to facilitate the project's mixed-use development, which includes affordable housing, retail, and transit facilities.

Topics ✓ HousingSupports HousingBill transfers land parcels to housing finance corporation to facilitate affordable housing development in East Kapolei project.90% confidence ✓ TransportationSupports TransportationBill promotes transit-oriented development and infrastructure improvements through land transfers and partnerships, directly supporting transportation goals.75% confidence

Sub-Topics Affordable Housing Housing Finance Property Development

Track