# Hawaii HB 1727: RELATING TO THE RENTAL HOUSING REVOLVING FUND.

Hawaii HB 1727, RELATING TO THE RENTAL HOUSING REVOLVING FUND., 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. 3206) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/HI-HB1727-2026
- 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 1727
- State: Hawaii
- Session: 2025–2026 Regular Session (Year 2)
- Title: RELATING TO THE RENTAL HOUSING REVOLVING FUND.
- Status: failed
- Chamber: House
- Introduced: 2026-01-20
- Last action: 2026-03-30, Reported from HOU (Stand. Com. Rep. No. 3206) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
- Sponsor: Luke A. Evslin (Democratic)
- Cosponsors: 16
- Subjects: HHFDC, Department of Budget and Finance, RHRF, Mixed-Income Subaccount, Reserved Funds, Appropriations, HOU, WAM
- Touches household money: no
- Roll calls: 5 (127 yes, 0 no in all)
- Economic provisions PRIA read: 0

## Summary

Authorizes the Rental Housing Revolving Fund (RURF) to be used to provide any and all forms of financing for the development, pre-development, construction, acquisition, preservation, and substantial rehabilitation of rental housing units. Requires the Hawaii Housing Finance and Development Corporation (HHFDC) to give preference to certain projects with perpetual affordability commitments and to applicants with a demonstrated history of early repayment to the RHRF. Authorizes HHFDC, with the approval of the Director of Finance, to transfer moneys between the RHRF and its subaccounts without further legislative authorization. Requires certain RHRF loans applied for or awarded after 12/31/2026 to be subject to review and renegotiation when any mortgage debt to which the loan is subordinate is refinanced or retired. Authorizes HHFDC to use reserved but unencumbered funds for short‑term projects with certain conditions. Authorizes HHFDC to secure lines of credit, standby bond purchase agreements, or other credit enhancement facilities to provide liquidity for the RHRF in certain circumstances. Authorizes the Director of Finance to transfer moneys from the RHRF to its Mixed-Income Subaccount for FY 2026‑2027. Appropriates funds. 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: Greggor Ilagan (Democratic), House
- Cosponsor: KEOHOKAPU-LEE LOY
- Cosponsor: Darius K. Kila (Democratic), House
- Cosponsor: Matthias Kusch (Democratic), House
- Cosponsor: Mike Lee (Democratic), House
- Cosponsor: M.
- Cosponsor: Lisa Marten (Democratic), House
- Cosponsor: Tyson K. Miyake (Democratic), House
- Cosponsor: Dee Morikawa (Democratic), House
- Cosponsor: REYES ODA
- Cosponsor: Garner M. Shimizu (Republican), House
- Cosponsor: Kanani Souza (Republican), House
- Cosponsor: David A. Tarnas (Democratic), House
- Cosponsor: Justin H. Woodson (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 |   |
| 2026-03-05 | House | House Floor Vote | pass | 49 | 0 |   |
| 2026-03-02 | House | The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes ... | 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 (20)

- 2026-03-30: Reported from HOU (Stand. Com. Rep. No. 3206) 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)
- 2026-03-12: The committee(s) on HOU has scheduled a public hearing on 03-17-26 1:05PM; Conference Room 225 & Videoconference. (Senate)
- 2026-03-10: Referred to HOU, WAM. (Senate)
- 2026-03-06: Received from House (Hse. Com. No. 43). (Senate)
- 2026-03-06: Passed First Reading. (Senate)
- 2026-03-05: Reported from FIN (Stand. Com. Rep. No. 861-26), recommending passage on Third Reading. (House)
- 2026-03-05: Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Perruso excused (1). Transmitted to Senate. (House)
- 2026-03-02: The committee on FIN recommend that the measure be PASSED, UNAMENDED. 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. 574-26) 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/HB1727_SD1_.pdf)
- HB1727_HD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB1727_HD1_.HTM)
- HB1727_SD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB1727_SD1_.HTM)
- Original: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB1727_.HTM), [PDF](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB1727_.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/HB1727_SD1_.pdf)
- [HB1727_HD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB1727_HD1_.HTM)
- [HB1727_SD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB1727_SD1_.HTM)
- [Original (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB1727_.HTM)
- [Original (PDF)](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB1727_.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)
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- [Hawaii state hub](https://policyrisk.com/states/hawaii)
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Source: PRIA, https://policyrisk.com/state-bill/HI-HB1727-2026 (as of 2026-11-01).