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HI HR36

Resolution

Official Source

Status

Introduced

3/11/2026

Primary Sponsor

Tyson Miyake

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Declares legislative intent that affordable housing credits issued under section 46-15.1, Hawaii Revised Statutes, are perpetual and remain valid until redeemed, with no expiration dates
  • Responds to Hawaii's projected shortage of 64,490 housing units needed by 2027, as identified in the 2024 Hawaii Housing Planning Study
  • References Act 31, Session Laws of Hawaii 2024, which required counties to issue affordable housing credits on a one-credit-for-one-unit basis for housing units constructed under Hawaii Housing Finance and Development Corporation programs
  • Requests all four counties align their administrative rules and memoranda of agreement to avoid imposing time limitations or restrictions on credits not specified in statute
  • Certified copies to be transmitted to the Hawaiian Homes Commission, Hawaii Housing Finance and Development Corporation, all county mayors, and all county council chairpersons

Legislative Description

Declaring The Intent That Affordable Housing Credits Are Perpetual And Remain Valid Until Redeemed, And Requesting The Counties To Recognize These Credits Without Expiration Dates.

Counties

Last Action

Offered

3/12/2026

Full Bill Text

No bill text available