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HI HB1727

Bill

Status

Engrossed

3/5/2026

Primary Sponsor

Luke Evslin

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • 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

  • 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

  • Removes the June 30, 2030 sunset date for the mixed-income subaccount, making it permanent

  • 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"

  • 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

Committee Referrals

Housing3/10/2026
Finance2/19/2026
Housing1/26/2026

Full Bill Text

No bill text available