# Hawaii HB 744: RELATING TO THE DWELLING UNIT REVOLVING FUND.

Hawaii HB 744, RELATING TO THE DWELLING UNIT REVOLVING FUND., is a 2025–2026 Regular Session (Year 1) House bill sponsored by Luke A. Evslin (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-HB744-2025
- 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 744
- 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: Luke A. Evslin (Democratic)
- Cosponsors: 0
- Subjects: Hawaii Housing Finance and Development Corporation, Dwelling Unit Revolving Fund, Dwelling Unit Revolving Fund Equity Program, Interim Financing, HSG, FIN
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Makes the Dwelling Unit Revolving Fund Equity Pilot Program permanent. Allows partial or full repayment of Dwelling Unit Revolving Fund interim loans in the form of unit equity through the Dwelling Unit Revolving Fund Equity Program. Gives preference to projects developed under governmental assistance programs pursuant to section 201H-36(a)(2).

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Luke A. Evslin (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/HB744_.HTM), [PDF](https://data.capitol.hawaii.gov/sessions/session2025/bills/HB744_.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/HB744_.HTM)
- [Original (PDF)](https://data.capitol.hawaii.gov/sessions/session2025/bills/HB744_.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-HB744-2025 (as of 2026-10-17).