RELATING TO HOUSING.
HB 1306 establishes the Kupuna Home Equity Conversion Mortgage Program through the Hawaii Housing Finance and Development Corporation. It allows older Hawaii residents (kūpuna) who own homes to convert their home equity into mortgage payments, providing financial stability as they age. The program is administered by the Hawaii Housing Finance Corporation, which will manage eligibility, funding, and participant support. This directly affects homeowners aged 62+ who wish to leverage their home equity without selling their property.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 22, 2025
Last action Dec 8, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Jan 27, 2025
Committee
Referred to HSG, CPC, FIN, referral sheet 4
lower
Jan 23, 2025
Introduced
Introduced and Pass First Reading.
lower
Jan 22, 2025
Introduced
Pending introduction.
lower
9 primary · 0 co-sponsors
Sponsors
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