RELATING TO THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION.
Sponsored By: Stanley Chang (Democratic)
Failed
Summary
Establishes the Dwelling Unit Revolving Fund Equity Program as a permanent program to be administered by the Hawaii Housing Finance and Development Corporation. Authorizes the Hawaii Housing Finance and Development Corporation to purchase equity in for-sale housing development projects for qualified residents of the State using moneys in the Dwelling Unit Revolving Fund to lower the initial purchasing price. Establishes equity repayment requirements. Effective 6/29/2050.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Stanley Chang
Democratic • Senate
Cosponsors
Troy N. Hashimoto
Democratic • Senate
Jarrett Keohokalole
Democratic • Senate
Michelle N. Kidani
Democratic • Senate
Sharon Y. Moriwaki
Democratic • Senate
Karl Rhoads
Democratic • Senate
Roll Call Votes
No roll call votes available for this bill.
Bill Text
Bill Text
Original
SB2062_SD1_PROPOSED
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