SB 42

Hawaii Senate bill in Session 2026.

Status: failed. Latest action: January 23, 2025.

Rental Housing Revolving Fund; HHFDC; Grants; Repeal.

Bill ID HI-2026-SB-42
Session 2026
Status failed
Committee HOU, WAM
Senate failed 2025-01-23
Summary

Repeals statutory language requiring certain housing projects have at least five per cent of available units be for persons and families with incomes at or below thirty per cent of the median family income to be eligible for loans from the Rental Housing Revolving Fund. Repeals statutory language providing grants to developers for rental units set aside for persons and families with incomes at or below thirty per cent of the median family income in any project financed in part or in whole by the Rental Housing Revolving Fund. Repeals statutory language requiring the Hawaii Housing Finance and Development Corporation to establish an application process for Rental Housing Revolving Fund allocation that gives preference to projects providing units for persons and families with incomes at or below thirty per cent of the median family income.

Sponsor
Stanley Chang
Official Source Back to Bills
Actions Timeline
Date Event Detail
0000-00-00 Introduced Bill introduced
2025-01-23 Status failed
2025-01-23 Latest Action The committee on HOU deferred the measure.
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