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HI HB1142

Bill

Official Source

Status

Engrossed

3/1/2019

Primary Sponsor

Scot Matayoshi

Click for details

Origin

House of Representatives

2019 Regular Session

AI Summary

  • Amends Act 291, Session Laws of Hawaii 1980 to increase the Hula Mae multifamily revenue bond authorization amount for the Hawaii Housing Finance and Development Corporation (HHFDC)
  • Authorizes revenue bonds to be issued under Hawaii Revised Statutes chapter 201H for funding or purchasing eligible project loans related to affordable rental housing programs
  • Removes the previous authorization cap of $1,500,000,000 and leaves the amount blank for determination by the HHFDC
  • Effective date set for July 1, 2075

Legislative Description

Relating To The Housing Loan And Mortgage Program.

HHFDC

Last Action

Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

3/22/2019

Committee Referrals

Ways and Means3/22/2019
Housing3/5/2019
Finance2/12/2019
Housing1/28/2019

Full Bill Text

No bill text available