HB 2748 Summary

• Directs Hawaii Housing Finance and Development Corporation to study housing waitlists and needs of populations with access and functional needs, including frail elderly, individuals with disabilities, transitioning from incarceration, emancipated foster youth, and victims of domestic violence, with report due 20 days before 2019 legislative session; appropriates $50,000 for fiscal year 2018-2019.

• Extends general excise tax exemption for affordable rental housing development from June 30, 2022 to June 30, 2030 and increases annual aggregate tax exemption limit from $7,000,000 to $30,000,000.

• Prohibits landlords from refusing to lease units solely because applicants hold Section 8 housing vouchers or certificates of eligibility under the federal Housing Act of 1937.

• Appropriates $200,000,000 to the rental housing revolving fund and $10,000,000 to the dwelling unit revolving fund for fiscal year 2017-2018.

• Requires Hawaii Housing Finance and Development Corporation to report on its general excise tax exemption activities within six months of the act's effective date.