HI SB2069

Extends the sunset date of the Dwelling Unit Revolving Fund Equity Pilot Program from June 30, 2028, to June 30, 2030.

Requires any equity purchased under the program to be in for-sale housing development projects located within transit-oriented development zones.

The pilot program allows the Hawaii Housing Finance and Development Corporation to purchase equity in designated housing units, lowering purchase prices for qualified buyers.

Targets homeownership opportunities for workers in critical shortage professions including health care workers, educators, law enforcement officers, correctional officers, and agricultural field workers.

Effective July 1, 2050, with deed requirements remaining in effect after the program's repeal date.