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HI HB2401
Bill
Status
Introduced
1/28/2026
Primary Sponsor
Daniel Holt
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AI Summary
- Expands eligible uses of Hawaii's Rental Housing Revolving Fund to include loans or grants for individuals purchasing rental units
- Targets middle-income buyers with household incomes between 61% and 140% of the area median family income
- Amends Section 201H-204 of the Hawaii Revised Statutes by adding a fifth category of eligible fund activities
- Preserves existing fund uses including new construction, rehabilitation, preservation of low-income rental housing, leveraging assets, and pre-development grants to nonprofits
- Takes effect upon approval, with amendments protected from repeal when the underlying statute is reenacted on June 30, 2030
Legislative Description
Relating To The Rental Housing Revolving Fund.
Rental Housing Revolving Fund
Last Action
The committee(s) on HSG recommend(s) that the measure be deferred.
2/13/2026
Committee Referrals
Housing2/2/2026
Full Bill Text
No bill text available