HI HB833

Authorizes the Hawaii Housing Finance and Development Corporation (HHFDC) to establish a five-year Community Land Trust Equity Pilot Program providing community land trusts with lines of credit for acquiring, rehabilitating, renovating, or constructing housing for qualified residents

Prioritizes applications requiring the least state funding per unit per year, with housing affordability targeted at households earning no more than 140% of county area median income

Requires interim reports to the legislature before the 2026, 2027, 2028, and 2029 sessions, with a final report including findings and recommendations due before the 2030 session

Appropriates unspecified amounts from the Dwelling Unit Revolving Fund for fiscal years 2025-2026 and 2026-2027 to establish the pilot program

Pilot program sunsets on June 30, 2030; bill takes effect July 1, 2050 (placeholder date)