RELATING TO THE RENTAL HOUSING REVOLVING FUND.
Sponsored By: Stanley Chang (Democratic)
In Committee
Summary
Repeals statutory language requiring certain housing projects have at least five per cent of available units be for persons and families with incomes at or below thirty per cent of the median family income to be eligible for loans from the Rental Housing Revolving Fund. Repeals statutory language providing grants to developers for rental units set aside for persons and families with incomes at or below thirty per cent of the median family income in any project financed in part or in whole by the Rental Housing Revolving Fund. Repeals statutory language requiring the Hawaii Housing Finance and Development Corporation to establish an application process for Rental Housing Revolving Fund allocation that gives preference to projects providing units for persons and families with incomes at or below thirty per cent of the median family income.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Stanley Chang
Democratic • Senate
Cosponsors
Kurt Fevella
Republican • Senate
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Carried over to 2026 Regular Session.
12/8/2025The committee on HOU deferred the measure.
1/23/2025SenateThe committee(s) on HOU has scheduled a public hearing on 01-23-25 1:30PM; Conference Room 225 & Videoconference.
1/17/2025SenateReferred to HOU, WAM.
1/16/2025SenateIntroduced and passed First Reading.
1/15/2025SenatePending Introduction.
1/8/2025Senate
Bill Text
Original
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