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HI HB1727
Bill
Status
3/5/2026
Primary Sponsor
Luke Evslin
Click for details
AI Summary
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Authorizes the Hawaii Housing Finance and Development Corporation to transfer moneys between the Rental Housing Revolving Fund and its subaccounts without legislative authorization, with approval from the director of finance
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Allows up to $100,000,000 to be transferred from the Rental Housing Revolving Fund to the mixed-income subaccount for fiscal year 2026-2027
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Removes the June 30, 2030 sunset date for the mixed-income subaccount, making it permanent
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Clarifies that mixed-income rental projects primarily serve households with incomes at or below 140% of area median income, and updates income threshold references from "median family income" to "area median income"
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Appropriates unspecified amounts from general revenues into the mixed-income subaccount and out of the subaccount for the Hawaii Housing Finance and Development Corporation to expend
Legislative Description
Relating To The Rental Housing Revolving Fund.
Appropriation ($)
Last Action
The committee(s) on HOU has scheduled a public hearing on 03-17-26 1:05PM; Conference Room 225 & Videoconference.
3/12/2026