# Hawaii HB 1724: RELATING TO THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION.

Hawaii HB 1724, RELATING TO THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION., is a 2025–2026 Regular Session (Year 2) House bill sponsored by Luke A. Evslin (Democratic); status failed, last action 2026-03-30 (Reported from HOU (Stand. Com. Rep. No. 3205) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.); PRIA reads it as touching household money (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/HI-HB1724-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Hawaii HB 1724
- State: Hawaii
- Session: 2025–2026 Regular Session (Year 2)
- Title: RELATING TO THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION.
- Status: failed
- Chamber: House
- Introduced: 2026-01-20
- Last action: 2026-03-30, Reported from HOU (Stand. Com. Rep. No. 3205) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
- Sponsor: Luke A. Evslin (Democratic)
- Cosponsors: 18
- Subjects: HHFDC, Dwelling Unit Revolving Fund Equity Program, Computation of Interest, Dwelling Unit Revolving Fund, Affordable Homeownership Revolving Fund, HOU, WAM
- Touches household money: yes
- Roll calls: 5 (126 yes, 0 no in all)
- Economic provisions PRIA read: 0

## Summary

Makes the Dwelling Unit Revolving Fund Equity Pilot Program permanent, with modifications that include changing the method for computation of interest for purchasers of certain real property. Expands the use of proceeds in the Dwelling Unit Revolving Fund to include purchasing equity in for-sale housing development projects and interim primary or secondary financing. Exempts disbursements from the Affordable Homeownership Revolving Fund from appropriation and allotment requirements. Effective 7/1/2050. (SD1)

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Luke A. Evslin (Democratic), House
- Cosponsor: Terez Amato (Democratic), House
- Cosponsor: Della Au Belatti (Democratic), House
- Cosponsor: Tina Nakada Grandinetti (Democratic), House
- Cosponsor: Greggor Ilagan (Democratic), House
- Cosponsor: Kirstin Kahaloa (Democratic), House
- Cosponsor: KEOHOKAPU-LEE LOY
- Cosponsor: Darius K. Kila (Democratic), House
- Cosponsor: Matthias Kusch (Democratic), House
- Cosponsor: Lisa Marten (Democratic), House
- Cosponsor: Scot Z. Matayoshi (Democratic), House
- Cosponsor: Lauren Matsumoto (Republican), House
- Cosponsor: Tyson K. Miyake (Democratic), House
- Cosponsor: Dee Morikawa (Democratic), House
- Cosponsor: REYES ODA
- Cosponsor: Jackson D. Sayama (Democratic), House
- Cosponsor: Garner M. Shimizu (Republican), House
- Cosponsor: Kanani Souza (Republican), House
- Cosponsor: David A. Tarnas (Democratic), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-03-17 | Senate | The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENT... | pass | 4 | 0 |   |
| 2026-03-10 | House | House Floor Vote | pass | 48 | 0 |   |
| 2026-03-02 | House | The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The ... | pass | 15 | 0 |   |
| 2026-02-19 | House | Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN... | pass | 50 | 0 |   |
| 2026-02-11 | House | The committee on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The ... | pass | 9 | 0 |   |

## Actions (21)

- 2026-03-30: Reported from HOU (Stand. Com. Rep. No. 3205) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM. (Senate)
- 2026-03-30: Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. (Senate)
- 2026-03-17: The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 4 Aye(s): Senator(s) Chang, Hashimoto, Elefante, Rhoads; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fevella. (Senate)
- 2026-03-13: The committee(s) on HOU added the measure to the public hearing scheduled on 03-17-26 1:05PM; CR 225 & Videoconference. (Senate)
- 2026-03-12: Received from House (Hse. Com. No. 271). (Senate)
- 2026-03-12: Passed First Reading. (Senate)
- 2026-03-12: Referred to HOU, WAM. (Senate)
- 2026-03-10: Passed Third Reading as amended in HD 2 with none voting aye with reservations; none voting no (0) and Representative(s) Kong, Pierick excused (2). Transmitted to Senate. (House)
- 2026-03-06: Reported from FIN (Stand. Com. Rep. No. 1092-26) as amended in HD 2, recommending passage on Third Reading. (House)
- 2026-03-06: Forty-eight (48) hours notice Tuesday, 03-10-26. (House)
- 2026-03-02: The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 15 Ayes: Representative(s) Todd, Takenouchi, Hartsfield, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lee, M., Miyake, Morikawa, Perruso, Templo, Yamashita, Gedeon, Reyes Oda; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Alcos. (House)
- 2026-02-27: The committee(s) on FIN recommend(s) that the measure be deferred until 03-02-26. (House)
- 2026-02-27: Bill scheduled for decision making on Monday, 03-02-26 10:00AM in conference room 308 VIA VIDEOCONFERENCE. (House)
- 2026-02-24: Bill scheduled to be heard by FIN on Friday, 02-27-26 2:00PM in House conference room 308 VIA VIDEOCONFERENCE. (House)
- 2026-02-19: Reported from HSG (Stand. Com. Rep. No. 570-26) as amended in HD 1, recommending passage on Second Reading and referral to FIN. (House)
- 2026-02-19: Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and none excused (0). (House)
- 2026-02-11: The committee on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 9 Ayes: Representative(s) Evslin, Miyake, Cochran, Grandinetti, Kila, Kitagawa, La Chica, Muraoka, Pierick; Ayes with reservations: none; Noes: none; and Excused: none. (House)
- 2026-02-06: Bill scheduled to be heard by HSG on Wednesday, 02-11-26 9:00AM in House conference room 430 VIA VIDEOCONFERENCE. (House)
- 2026-01-26: Referred to HSG, FIN, referral sheet 1 (House)
- 2026-01-21: Introduced and Pass First Reading. (House)
- 2026-01-20: Prefiled. (House)

## Bill text

- Bill Text: [PDF](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB1724_SD1_.pdf)
- HB1724_HD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB1724_HD1_.HTM)
- HB1724_HD2: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB1724_HD2_.HTM)
- HB1724_SD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB1724_SD1_.HTM)
- Original: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB1724_.HTM), [PDF](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB1724_.PDF)

## Related bills

- SB 847: RELATING TO PSYCHOLOGISTS. (became law)
- SB 2338: RELATING TO HOUSING. (signed)
- HB 2344: RELATING TO SCHOOL FACILITIES. (signed)
- HB 2023: RELATING TO TRANSPORTATION. (signed)
- HB 2021: RELATING TO TRANSPORTATION. (signed)
- SB 2964: RELATING TO PROPERTY INSURANCE. (signed)

## Sources
- [Bill Text (PDF)](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB1724_SD1_.pdf)
- [HB1724_HD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB1724_HD1_.HTM)
- [HB1724_HD2 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB1724_HD2_.HTM)
- [HB1724_SD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB1724_SD1_.HTM)
- [Original (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB1724_.HTM)
- [Original (PDF)](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB1724_.PDF)

## Related
- [SB 847: RELATING TO PSYCHOLOGISTS.](https://policyrisk.com/state-bill/HI-SB847-2026)
- [SB 2338: RELATING TO HOUSING.](https://policyrisk.com/state-bill/HI-SB2338-2026)
- [HB 2344: RELATING TO SCHOOL FACILITIES.](https://policyrisk.com/state-bill/HI-HB2344-2026)
- [HB 2023: RELATING TO TRANSPORTATION.](https://policyrisk.com/state-bill/HI-HB2023-2026)
- [HB 2021: RELATING TO TRANSPORTATION.](https://policyrisk.com/state-bill/HI-HB2021-2026)
- [SB 2964: RELATING TO PROPERTY INSURANCE.](https://policyrisk.com/state-bill/HI-SB2964-2026)
- [Hawaii bills](https://policyrisk.com/states/hawaii/bills)
- [Hawaii state hub](https://policyrisk.com/states/hawaii)
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Source: PRIA, https://policyrisk.com/state-bill/HI-HB1724-2026 (as of 2026-11-01).