HI HB1139

Establishes a statutory deadline for the Hawaii Housing Finance and Development Corporation (HHFDC) to award funds in response to consolidated applications, though the specific number of days is left blank in the bill text.

Requires fund awards to be made no later than a specified number of days after the consolidated application filing deadline, or if no deadline exists, within a specified number of days after a duly submitted application is received.

Amends Chapter 201H, Hawaii Revised Statutes, to modify Part IV provisions regarding expenditures of HHFDC revolving funds under financing programs and related sections.

Clarifies that HHFDC revolving fund expenditures remain exempt from legislative appropriation and allotment requirements, except for administrative expenditures.

Takes effect upon approval and does not affect rights, duties, or proceedings that began before the law's effective date.