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HI HB2251

Bill

Official Source

Status

Passed

7/3/2014

Primary Sponsor

Joseph Souki

Click for details

Origin

House of Representatives

2014 Regular Session

AI Summary

  • Increases the Hula Mae Multifamily Revenue Bond authorization limit from $750,000,000 to $1,000,000,000

  • Allows the Hawaii Housing Finance and Development Corporation to issue revenue bonds for funding and purchasing eligible project loans under the housing loan programs

  • Since inception, the program has issued 20 bond series totaling $418,244,699 to finance 3,172 affordable rental housing units statewide

  • Effective date is July 1, 2014

Legislative Description

Housing; Hula Mae Multifamily Revenue Bonds ($)

Last Action

Act 162, 6/30/2014 (Gov. Msg. No. 1265).

7/3/2014

Committee Referrals

Ways and Means3/19/2014
Human Services3/6/2014
Finance2/5/2014
Housing1/27/2014

Full Bill Text

No bill text available