# Hawaii HB 460: RELATING TO THE DWELLING UNIT REVOLVING FUND.

Hawaii HB 460, RELATING TO THE DWELLING UNIT REVOLVING FUND., is a 2025–2026 Regular Session (Year 1) House bill sponsored by Tina Nakada Grandinetti (Democratic); status first reading, last action 2025-01-21 (Introduced and Pass First Reading.) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/HI-HB460-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Hawaii HB 460
- State: Hawaii
- Session: 2025–2026 Regular Session (Year 1)
- Title: RELATING TO THE DWELLING UNIT REVOLVING FUND.
- Status: first reading
- Chamber: House
- Introduced: 2025-01-17
- Last action: 2025-01-21, Introduced and Pass First Reading.
- Sponsor: Tina Nakada Grandinetti (Democratic)
- Cosponsors: 7
- Subjects: HHFDC, DURF, Dwelling Unit Revolving Fund Equity Program, HSG, FIN
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Establishes the Dwelling Unit Revolving Fund Equity Program. Repeals the Dwelling Unit Revolving Fund Equity Pilot Program. Clarifies that the Hawaii Housing Finance and Development Corporation may utilize funds in the Dwelling Unit Revolving Fund for the purchase of equity in for-sale housing development projects and interim primary or secondary financing.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Tina Nakada Grandinetti (Democratic), House
- Cosponsor: Della Au Belatti (Democratic), House
- Cosponsor: Kim Coco Iwamoto (Democratic), House
- Cosponsor: Lisa Marten (Democratic), House
- Cosponsor: Amy A. Perruso (Democratic), House
- Cosponsor: Elijah Pierick (Republican), House
- Cosponsor: Mahina Poepoe (Democratic), House
- Cosponsor: Adrian K. Tam (Democratic), House

## Actions (3)

- 2025-01-21: Introduced and Pass First Reading. (House)
- 2025-01-21: Referred to HSG, FIN, referral sheet 2 (House)
- 2025-01-17: Pending introduction. (House)

## Bill text

- Original: [HTML](https://data.capitol.hawaii.gov/sessions/session2025/bills/HB460_.HTM), [PDF](https://data.capitol.hawaii.gov/sessions/session2025/bills/HB460_.pdf)

## Related bills

- SB 572: RELATING TO HOUSING. (signed)
- HB 431: RELATING TO HOUSING. (signed)
- HB 420: RELATING TO REMEDIES. (signed)
- SB 1296: RELATING TO DISASTER RECOVERY. (signed)
- HB 830: RELATING TO HISTORIC PRESERVATION REVIEWS. (signed)
- HB 1064: RELATING TO FIRE PROTECTION. (signed)

## Sources
- [Original (HTML)](https://data.capitol.hawaii.gov/sessions/session2025/bills/HB460_.HTM)
- [Original (PDF)](https://data.capitol.hawaii.gov/sessions/session2025/bills/HB460_.pdf)

## Related
- [SB 572: RELATING TO HOUSING.](https://policyrisk.com/state-bill/HI-SB572-2025)
- [HB 431: RELATING TO HOUSING.](https://policyrisk.com/state-bill/HI-HB431-2025)
- [HB 420: RELATING TO REMEDIES.](https://policyrisk.com/state-bill/HI-HB420-2025)
- [SB 1296: RELATING TO DISASTER RECOVERY.](https://policyrisk.com/state-bill/HI-SB1296-2025)
- [HB 830: RELATING TO HISTORIC PRESERVATION REVIEWS.](https://policyrisk.com/state-bill/HI-HB830-2025)
- [HB 1064: RELATING TO FIRE PROTECTION.](https://policyrisk.com/state-bill/HI-HB1064-2025)
- [Hawaii bills](https://policyrisk.com/states/hawaii/bills)
- [Hawaii state hub](https://policyrisk.com/states/hawaii)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/HI-HB460-2025 (as of 2026-10-17).