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HI HB2183

Bill

Official Source

Status

Enrolled

7/10/2020

Primary Sponsor

Tom Brower

Click for details

Origin

House of Representatives

2020 Regular Session

AI Summary

  • Increases the Hula Mae Multifamily Revenue Bond authorization ceiling from $1,500,000,000 to $3,000,000,000.

  • Authorizes the Hawaii Housing Finance and Development Corporation to issue revenue bonds under Hawaii Revised Statutes chapter 201H for housing loan programs funding and eligible project loans.

  • Aims to address Hawaii's affordable housing crisis by increasing financing available for affordable rental housing projects statewide.

  • Takes effect upon approval of the Act.

Legislative Description

Relating To The Housing Loan And Mortgage Program.

Housing Loan And Mortgage Program ($)

Last Action

Transmitted to Governor.

7/10/2020

Committee Referrals

Ways and Means5/21/2020
Housing3/5/2020
Finance2/5/2020
Housing1/27/2020

Full Bill Text

No bill text available