Hawaii House bill in Session 2026.
Status: in_committee. Latest action: April 17, 2026.
HHFDC; 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. Effective 7/1/3000. (SD1)
| Date | Event | Detail |
|---|---|---|
| 0000-00-00 | Introduced | Bill introduced |
| 2026-04-17 | Status | in_committee |
| 2026-04-17 | Latest Action | Received notice of disagreement (Hse. Com. No. 780). |