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HI HCR78

Concurrent Resolution

Status

Passed

4/17/2025

Primary Sponsor

Tyson Miyake

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

  • Declares the legislative intent that housing projects approved by the Hawaii Housing Finance and Development Corporation before July 1, 2031, remain eligible for housing credits under Act 31 even after Act 31's repeal on July 1, 2031

  • Requests the Hawaii Housing Finance and Development Corporation to include in its approvals: a statement of eligible developers' rights to housing credits, the number of qualifying housing units, and the number of available housing credits

  • Requests each county to include the same three elements in approvals for housing projects utilizing section 201H-38, Hawaii Revised Statutes, that qualify for housing credits under Act 31

  • Requires transmittal of the resolution to the Executive Director of HHFDC, county mayors, and chairpersons of county councils

Legislative Description

Declaring The Intent That Projects With Housing Units That Qualify For Housing Credits Under Act 31, Session Laws Of Hawaii 2024, Are Still Eligible To Receive Housing Credits After The Repeal Of That Act If The Housing Projects Were Approved By The Hawaii Housing Finance And Development Corporation Before July 1, 2031, And Requesting The Corporation And Each County To Include Certain Information When Approving Housing Projects For Housing Credits.

Counties

Last Action

Resolution adopted in final form.

4/17/2025

Committee Referrals

Housing4/4/2025
Finance3/25/2025
Housing3/14/2025

Full Bill Text

No bill text available