Housing (Housing Finance)

in committee · Hawaii · Senate Dec 8, 2025

SB 843: RELATING TO HOUSING.

SB 843 establishes the Kupuna Home Equity Conversion Mortgage Program through Hawaii's Housing Finance and Development Corporation. The program allows Hawaii seniors (referred to as "kupuna," meaning elders) who own homes to convert their home equity into income without selling their property. Key provisions include creating a state-administered mortgage option specifically for older homeowners seeking financial support. This bill directly affects eligible Hawaii seniors with home equity, providing a new tool to access funds while remaining in their homes.

Topics ✓ HousingSupports HousingCreates state-administered mortgage program for seniors to access home equity income without selling, strengthening housing security and financial stability for elderly homeowners.95% confidence

Sub-Topics Housing Finance Mortgages Property Development

Track

in committee · Hawaii · Senate Jan 22, 2026

SB 2067: RELATING TO HOUSING.

Exempts housing developments that have obtained financing commitments from the State or is located on state land from the requirement to obtain approval from the applicable county council. Effective 7/1/2050.

Topics ✓ HousingSupports HousingExempts state-backed housing developments from county approval, facilitating faster housing construction and increasing supply without weakening tenant protections.90% confidence

Sub-Topics Affordable Housing Housing Finance

Track

in committee · Hawaii · Senate Jan 30, 2026

SB 2748: RELATING TO HOUSING.

Repeals the sunset date of Act 45, Session Laws of Hawaii 2024, thereby making permanent the authority of the counties to share in facilitating the development, construction, financing, refinancing, or other provision of mixed-use developments, including low- and moderate-income housing projects, and issue county bonds for this purpose.

Topics ✓ HousingSupports HousingMakes county authority for low-income housing development permanent, enabling ongoing funding via bonds for mixed-use projects including affordable housing.95% confidence

Sub-Topics Affordable Housing Housing Finance Property Development

Track

passed both · Hawaii · Senate Apr 2, 2026

SB 71: RELATING TO THE RENTAL HOUSING REVOLVING FUND.

Establishes the Mixed-Income Subaccount within the Rental Housing Revolving Fund that targets workforce rental housing projects for persons and families with incomes at or below one hundred forty per cent of the area median income. Authorizes the Director of Finance to transfer funds from the Rental Housing Revolving Fund into the Mixed-Income Subaccount. Appropriates funds into and out of the Mixed-Income Subaccount of the Rental Housing Revolving Fund. Effective 7/1/3000. (HD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesBill appropriates funds into workforce housing subaccount targeting low-income renters, aligning with funding essential public services under budget management.95% confidence ✓ HousingSupports HousingEstablishes subaccount funding workforce housing for 140% AMI households, directly advancing affordable housing access through targeted funding.95% confidence

Sub-Topics Affordable Housing Housing Finance Renters

Track

in committee · Hawaii · House Dec 8, 2025

HB 762: RELATING TO HOUSING.

Requires eligible applicants of the Rental Housing Revolving Fund to be either governmental agencies or organizations that are required to use all financial surplus to develop additional housing in the State.

Topics ✓ HousingSupports HousingRequires RHRF funds to develop additional housing via mandated surplus use by eligible entities, advancing housing development.95% confidence

Sub-Topics Housing Finance Renters

Track

passed · Hawaii · Senate Dec 8, 2025

SB 1200: RELATING TO WORKFORCE HOUSING.

Establishes the Workforce Housing Regulatory Sandbox Program within the Hawaii Housing Finance and Development Corporation. Establishes an Advisory Council within the Workforce Housing Regulatory Sandbox Program to advise on environmental and cultural practices within specific developments. Establishes a position. Requires annual reports to the Legislature. Appropriates funds. Repeals 6/30/2030. (SD1)

Topics ✓ HousingSupports HousingEstablishes workforce housing program with funding, reporting, and Advisory Council to advance affordable housing development under HHFDC.95% confidence

Sub-Topics Affordable Housing Housing Finance Property Development

Track

passed · Hawaii · Senate Feb 19, 2026

SB 3285: RELATING TO WORKFORCE HOUSING.

Establishes the Workforce Housing Regulatory Sandbox Program within the Hawaii Housing Finance and Development Corporation. Establishes an advisory council within the Workforce Housing Regulatory Sandbox Program to advise on environmental and cultural practices within specific developments. Establishes a position. Requires annual reports to the legislature. Appropriates funds. Repeals 6/30/2031. Effective 7/1/2050 (SD1)

Topics ✓ HousingSupports HousingEstablishes workforce housing program with funding, advisory council, and reporting requirements to advance affordable housing development under HHFDC.95% confidence

Sub-Topics Affordable Housing Housing Finance Property Development

Track

signed · Hawaii · House Jul 9, 2026

HB 1741: RELATING TO HOUSING.

Deems a county inclusionary mandate as a form of development exaction and treats the mandate as a housing affordability impact fee. Provides parameters for a county's adoption or amendment of an inclusionary mandate for residential or mixed-use development. Establishes additional components for a needs assessment study for a county-imposed inclusionary mandate. Conditions the adoption or amendment of a county inclusionary mandate for residential or mixed-use development on written findings of essential nexus and rough proportionality and a determination of financial feasibility. (CD1)

Topics ✗ HousingOpposes HousingBill prohibits county affordable housing mandates and inclusionary requirements, restricting tools to increase affordable housing development.95% confidence

Sub-Topics Affordable Housing Housing Finance Property Taxes

passed both · Hawaii · House Apr 6, 2026

HB 2049: RELATING TO HOUSING.

Restructures the conveyance tax to a marginal rate system for the sale of properties with residential use, adjusts the tax for multifamily properties to reflect value on a per-unit basis, and applies a cost-of-living adjustment to conveyance tax rates. Allocates revenues from conveyance tax collections. Allocates a portion of conveyance tax collections to the Dwelling Unit Revolving Fund to fund infrastructure programs in areas that meet minimum standards of transit-supportive density. Allocates a portion of conveyance tax revenues to the Hawaii Agricultural Development Revolving Fund, Special Land and Development Fund, and Hawaiian Home Lands Infrastructure and Housing Special Fund. Establishes and appropriates funds out of the Hawaiian Home Lands Infrastructure and Housing Special Fund. Authorizes the Hawaii Agricultural Development Revolving Fund to be used to acquire land. Effective 7/1/3000. (SD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesRestructures conveyance tax to fund infrastructure via Dwelling Unit Revolving Fund, aligning with fiscal responsibility and public service funding.90% confidence ✓ HousingSupports HousingAllocates conveyance tax revenue to Dwelling Unit Revolving Fund for infrastructure in transit-oriented development areas, directly funding housing-related infrastructure projects.95% confidence ✓ TransportationSupports TransportationAllocates conveyance tax revenue to fund infrastructure in transit-oriented development areas, directly supporting transportation infrastructure through targeted funding.85% confidence

Sub-Topics Income Tax Affordable Housing Housing Finance Property Taxes

Track

passed · Hawaii · Senate Mar 25, 2026

SB 3333: RELATING TO TAXATION.

Requires each county to apply any applicable real property tax exemptions, reduced assessments, or tax classifications for any affordable housing subject to income, resale, or occupancy restrictions as of the date a qualifying owner takes title to the affordable housing for the upcoming tax period, consistent with county procedures. Effective 4/19/2042. (SD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesMandates tax exemptions for affordable housing, providing real property tax relief to lower-income housing owners per bill's tax relief focus.95% confidence ✓ HousingSupports HousingRequires counties to maintain tax exemptions for affordable housing with restrictions, directly supporting affordability through tax relief for qualifying units.95% confidence

Sub-Topics Property Tax Tax Incentives Affordable Housing Housing Finance Property Taxes

Track