SB 2071 SD1

Hawaii Senate bill in Session 2026.

Status: in_committee. Latest action: February 17, 2026.

HHFDC; Housing; Rent-to-Own Program; Fee Simple; Leasehold; Option Period.

Bill ID HI-2026-SB-2071
Session 2026
Status in_committee
Committee HOU/CPN, WAM
Senate in_committee 2026-02-17
Summary

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)

Sponsor
Stanley Chang
Official Source Back to Bills
Actions Timeline
Date Event Detail
0000-00-00 Introduced Bill introduced
2026-02-17 Status in_committee
2026-02-17 Latest Action Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
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