HI SB612

Hawaii Housing Finance and Development Corporation shall conduct a study on rent-to-build equity for existing and future state-financed housing.

Study must examine imposition of conveyance tax, capital gains tax, or other taxes on projects after affordability periods expire.

Study must include requirements for tenant assistance payments for displaced tenants and other relevant topics for rent-to-build equity.

Corporation must submit findings, recommendations, and proposed legislation to the legislature no later than twenty days before the 2026 regular session convenes.

Act takes effect July 1, 2050.