HI HB217

Authorizes the Office of Hawaiian Affairs to issue revenue bonds to fund and establish loan programs in addition to office projects.

Expands the definition of "office project" to include loan programs that provide assistance through loans, loan refinancing, or loan guarantees to departments, counties, agencies, or nongovernmental individuals and organizations for the betterment of Native Hawaiians.

Allows the board to collect fees and charges for loan program services and requires loan programs to be self-supporting through revenue generation, similar to existing office project requirements.

Permits the board to enter into loan agreements and enforce them through legal action, with authority to take possession and collect revenues from loan programs upon breach or default.

Makes technical updates to Hawaii Revised Statutes sections 10-4 through 10-34 to incorporate loan program language alongside existing office project provisions throughout the revenue bond authorization framework.