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HI HB1408

Bill

Official Source

Status

Engrossed

3/4/2025

Primary Sponsor

Mahina Poepoe

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Authorizes the Department of Hawaiian Home Lands to use the Dwelling Unit Revolving Fund as collateral when borrowing under the federal Section 184A loan guarantee program for Native Hawaiian housing

  • Enables DHHL to secure HUD-guaranteed loans to develop residential homestead lots and housing units, subject to Hawaii Housing Finance and Development Corporation approval

  • Appropriates unspecified amounts from general revenues into the Dwelling Unit Revolving Fund for fiscal years 2025-2026 and 2026-2027

  • Appropriates unspecified amounts from the Dwelling Unit Revolving Fund to serve as collateral for DHHL's federal loan guarantees

  • Effective date set to July 1, 3000 (placeholder date indicating amounts to be determined)

Legislative Description

Relating To The Department Of Hawaiian Home Lands.

Appropriation ($)

Last Action

Carried over to 2026 Regular Session.

12/8/2025

Committee Referrals

Housing3/6/2025
Finance2/14/2025
Judiciary & Hawaiian Affairs2/3/2025
Housing1/27/2025

Full Bill Text

No bill text available