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SB 2344

Hawaii - Session 2026

Senate in_committee 2026-01-26
Bill Details

Title: HHFDC; Affordable Rental Supply Revolving Fund; Affordable Homeownership Assistance Revolving Fund; Public Property Inventory; Public Housing Corporations; Developers; Rental Housing; Affordable Homeownership; Second Mortgages; Homebuyers; Appropriations

Summary

Requires the Hawaii Housing Finance and Development Corporation to compile, maintain, and publish on its website a public inventory of underutilized public properties suitable for affordable rental housing development. Requires the HHFDC to provide legal and administrative assistance to requesting county agencies and eligible developers to accelerate the development of affordable rental housing projects. Establishes eligibility requirements for developers and rental housing projects seeking interim financing from the HHFDC. Establishes the Affordable Rental Supply Revolving Fund to be administered by the HHFDC to provide interim financing for eligible developers of approved rental housing projects. Establishes the Affordable Homeownership Program within the HHFDC to provide second mortgages to homebuyers under certain conditions. Establishes eligibility requirements for a homebuyer seeking a second mortgage from the HHFDC. Establishes the Affordable Homeownership Assistance Revolving Fund to be administered by the HHFDC. Appropriates funds.

Sponsor
Stanley Chang
Official Source Back to Bills
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Actions Timeline
Date Event Detail
0000-00-00 Introduced Bill introduced
2026-01-26 Status in_committee
2026-01-26 Latest Action Referred to HOU/WLA, WAM.
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