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HI HB1428

Bill

Status

Engrossed

3/4/2025

Primary Sponsor

Nadine Nakamura

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

  • Appropriates funds to the Hawaii Housing Finance and Development Corporation for fiscal years 2025-2026 and 2026-2027 to allocate to HUD-certified housing counseling agencies (specific dollar amount left blank in bill text).

  • Designated funds support housing counseling services targeting ALICE households (those with income at or below 140 percent of area median income), including financial education, homebuyer and renter education, one-on-one counseling, and eviction and foreclosure intervention.

  • Requires agencies to expand outreach to underserved communities, enhance service delivery to prevent housing crises, and support vulnerable populations struggling with Hawaii's high cost of living.

  • Mandates Hawaii Housing Finance and Development Corporation submit a report to the legislature by November 1, 2027, detailing number of clients served, types of services delivered, and outcomes such as increased financial knowledge and access to housing resources.

  • Act takes effect July 1, 2050.

Legislative Description

Relating To Housing.

Appropriations ($)

Last Action

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

3/20/2025

Committee Referrals

Ways and Means3/20/2025
Housing3/6/2025
Finance2/12/2025
Housing1/27/2025

Full Bill Text

No bill text available