# Hawaii SB 2060: RELATING TO THE RENTAL HOUSING REVOLVING FUND.

Hawaii SB 2060, RELATING TO THE RENTAL HOUSING REVOLVING FUND., is a 2025–2026 Regular Session (Year 2) Senate bill sponsored by Stanley Chang (Democratic); status signed, last action 2026-07-08 (Act 212, 07/08/2026 (Gov. Msg. No. 1314).); PRIA reads it as touching household money (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/HI-SB2060-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Hawaii SB 2060
- State: Hawaii
- Session: 2025–2026 Regular Session (Year 2)
- Title: RELATING TO THE RENTAL HOUSING REVOLVING FUND.
- Status: signed
- Chamber: Senate
- Introduced: 2026-01-14
- Last action: 2026-07-08, Act 212, 07/08/2026 (Gov. Msg. No. 1314).
- Sponsor: Stanley Chang (Democratic)
- Cosponsors: 4
- Subjects: HHFDC, RHRF, Mixed-Income Subaccount, HSG, FIN
- Touches household money: yes
- Roll calls: 10 (212 yes, 4 no in all)
- Economic provisions PRIA read: 3

## Summary

Specifies the conditions upon which the Hawaii Housing Finance and Development Corporation may transfer moneys from within the Rental Housing Revolving Fund to a subaccount and between subaccounts of the revolving fund. Authorizes the Rental Housing Revolving Fund to be used to provide any and all forms of financing. Expands the funding priorities of, and appropriates funds into and out of, the Mixed-Income Subaccount. Effective 7/1/3000. Sunsets 6/30/30 with regard to the financing and funding priorities of the Rental Housing Revolving Fund. (HD1)

## Bill overview: provisions PRIA read

- Mixed-income rentals gain new funding: benefit, low. A separate fund account finances mixed-income rentals for qualified residents. Projects must mainly serve households at or below 140% of median family income. The agency prioritizes varied affordability, public land or government partnerships, transit-friendly density, lasting affordability, and ef…
- More rental housing financing options: benefit, low. The state housing fund can support rental housing from early planning through construction, purchase, preservation, and major repairs. It can use loans, equity investments, credit support, collateral, and other financing. This authority ends June 30, 2030, and the law sets no specific funding amoun…
- Reserved funds help ready rental projects: benefit, low. The state housing agency can temporarily use reserved, uncommitted funds for other rental projects. Each use can last up to two years, and the money must be repaid before the originally funded project’s expected closing. Total loans cannot exceed $25 million per fiscal year. With legislative approv…

## Sponsors and cosponsors

- Sponsor: Stanley Chang (Democratic), Senate
- Cosponsor: Mike Gabbard (Democratic), Senate
- Cosponsor: Herbert M. "Tim" Richards III (Democratic), Senate
- Cosponsor: Joy A. San Buenaventura (Democratic), Senate
- Cosponsor: Glenn Wakai (Democratic), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-05-06 | House | House Floor Vote | pass | 49 | 2 |   |
| 2026-05-01 | Senate | The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS.... | pass | 3 | 0 |   |
| 2026-05-01 | House | The Conference Committee recommends that the measure be Passed, with Amendments.... | pass | 3 | 0 |   |
| 2026-04-09 | House | House Floor Vote | pass | 48 | 1 |   |
| 2026-04-07 | House | The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes ... | pass | 15 | 0 |   |
| 2026-03-25 | House | Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN... | pass | 47 | 1 |   |
| 2026-03-20 | House | The committee on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The ... | pass | 8 | 0 |   |
| 2026-03-05 | Senate | Senate Floor Vote | pass | 24 | 0 |   |
| 2026-02-19 | Senate | The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENT... | pass | 11 | 0 |   |
| 2026-02-03 | Senate | The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENT... | pass | 4 | 0 |   |

## Bill text

- Bill Text: [PDF](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2060_CD1_.pdf)
- Original: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2060_.HTM), [PDF](https://data.capitol.hawaii.gov/sessions/session2026/bills/GM1314_.PDF)
- SB2060_CD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2060_CD1_.HTM)
- SB2060_HD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2060_HD1_.HTM)
- SB2060_SD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2060_SD1_.HTM)
- SB2060_SD2: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2060_SD2_.HTM)

## Related bills

- SB 847: RELATING TO PSYCHOLOGISTS. (became law)
- HB 2344: RELATING TO SCHOOL FACILITIES. (signed)
- HB 2023: RELATING TO TRANSPORTATION. (signed)
- HB 2021: RELATING TO TRANSPORTATION. (signed)
- SB 2338: RELATING TO HOUSING. (signed)
- SB 2031: RELATING TO CONSUMER PROTECTION. (signed)

## Sources
- [Bill Text (PDF)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2060_CD1_.pdf)
- [Original (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2060_.HTM)
- [Original (PDF)](https://data.capitol.hawaii.gov/sessions/session2026/bills/GM1314_.PDF)
- [SB2060_CD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2060_CD1_.HTM)
- [SB2060_HD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2060_HD1_.HTM)
- [SB2060_SD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2060_SD1_.HTM)
- [SB2060_SD2 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2060_SD2_.HTM)

## Related
- [SB 847: RELATING TO PSYCHOLOGISTS.](https://policyrisk.com/state-bill/HI-SB847-2026)
- [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 2338: RELATING TO HOUSING.](https://policyrisk.com/state-bill/HI-SB2338-2026)
- [SB 2031: RELATING TO CONSUMER PROTECTION.](https://policyrisk.com/state-bill/HI-SB2031-2026)
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- [Hawaii state hub](https://policyrisk.com/states/hawaii)
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Source: PRIA, https://policyrisk.com/state-bill/HI-SB2060-2026 (as of 2026-11-01).
