# Hawaii SB 2553: RELATING TO THE HOUSING LOAN AND MORTGAGE PROGRAM.

Hawaii SB 2553, RELATING TO THE HOUSING LOAN AND MORTGAGE PROGRAM., is a 2025–2026 Regular Session (Year 2) Senate bill sponsored by Troy N. Hashimoto (Democratic); status failed, last action 2026-02-19 (Reported from HOU (Stand. Com. Rep. No. 2403) 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-SB2553-2026
- 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 2553
- State: Hawaii
- Session: 2025–2026 Regular Session (Year 2)
- Title: RELATING TO THE HOUSING LOAN AND MORTGAGE PROGRAM.
- Status: failed
- Chamber: Senate
- Introduced: 2026-01-23
- Last action: 2026-02-19, Reported from HOU (Stand. Com. Rep. No. 2403) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
- Sponsor: Troy N. Hashimoto (Democratic)
- Cosponsors: 2
- Subjects: HHFDC, Affordable Rental Housing, Housing Loan and Mortgage Program, Report, HOU, WAM
- Touches household money: no
- Roll calls: 1 (5 yes, 0 no in all)
- Economic provisions PRIA read: 0

## Summary

Increases the Hula Mae Multifamily Revenue Bond authorization ceiling amount to continue financing affordable rental housing statewide. Requires the Hawaii Housing Finance and Development Corporation to report to the Legislature on its plan to meet statewide housing demand at the sixty to one hundred forty per cent area median income levels. Effective 7/1/2050. (SD1)

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Troy N. Hashimoto (Democratic), Senate
- Cosponsor: Stanley Chang (Democratic), Senate
- Cosponsor: Karl Rhoads (Democratic), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-02-10 | Senate | The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENT... | pass | 5 | 0 |   |

## Actions (8)

- 2026-02-19: Reported from HOU (Stand. Com. Rep. No. 2403) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM. (Senate)
- 2026-02-19: Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. (Senate)
- 2026-02-10: The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 5 Aye(s): Senator(s) Chang, Hashimoto, Elefante, Rhoads, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none. (Senate)
- 2026-02-05: The committee(s) on HOU deferred the measure until 02-10-26 1:00PM; Conference Room 225 & Videoconference. (Senate)
- 2026-02-02: The committee(s) on HOU has scheduled a public hearing on 02-05-26 1:01PM; Conference Room 225 & Videoconference. (Senate)
- 2026-01-28: Referred to HOU, WAM. (Senate)
- 2026-01-23: Introduced. (Senate)
- 2026-01-23: Passed First Reading. (Senate)

## Bill text

- Bill Text: [PDF](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2553_SD1_.pdf)
- Original: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2553_.HTM), [PDF](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2553_.PDF)
- SB2553_SD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2553_SD1_.HTM)

## 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 2031: RELATING TO CONSUMER PROTECTION. (signed)

## Sources
- [Bill Text (PDF)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2553_SD1_.pdf)
- [Original (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2553_.HTM)
- [Original (PDF)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2553_.PDF)
- [SB2553_SD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2553_SD1_.HTM)

## 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 2031: RELATING TO CONSUMER PROTECTION.](https://policyrisk.com/state-bill/HI-SB2031-2026)
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Source: PRIA, https://policyrisk.com/state-bill/HI-SB2553-2026 (as of 2026-11-01).