HB 2261

Hawaii House bill in Session 2026.

Status: in_committee. Latest action: January 30, 2026.

Rental Housing Revolving Fund; Mixed-Income Rental Projects; Definition; Mixed-Income Housing; Transfers; Director of Finance; Repeal of Sunset Date; Report.

Bill ID HI-2026-HB-2261
Session 2026
Status in_committee
Committee HSG, FIN
House in_committee 2026-01-30
Summary

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."

Sponsor
Nadine K. Nakamura
Official Source Back to Bills
Actions Timeline
Date Event Detail
0000-00-00 Introduced Bill introduced
2026-01-30 Status in_committee
2026-01-30 Latest Action Referred to HSG, FIN, referral sheet 5
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