Housing (Property Development)

in committee · Hawaii · Senate Feb 3, 2026

SB 2062: RELATING TO THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION.

Establishes the Dwelling Unit Revolving Fund Equity Program as a permanent program to be administered by the Hawaii Housing Finance and Development Corporation. Authorizes the Hawaii Housing Finance and Development Corporation to purchase equity in for-sale housing development projects for qualified residents of the State using moneys in the Dwelling Unit Revolving Fund to lower the initial purchasing price. Establishes equity repayment requirements. Effective 6/29/2050.

Topics ✓ HousingSupports HousingCreates permanent equity program to lower home purchase costs for residents via HHFDC, directly advancing affordable housing through funding and development.95% confidence

Sub-Topics Housing Finance Property Development

Track

passed · Hawaii · House Mar 10, 2026

HB 2476: PROPOSING AMENDMENTS TO ARTICLE VII, SECTIONS 12 AND 13, OF THE HAWAII STATE CONSTITUTION.

Proposes constitutional amendments to expressly provide that the Legislature may authorize political subdivisions, such as the counties, to issue housing infrastructure growth bonds for specified public works, public improvements, or other actions necessary for housing and community development, and exclude these bonds from determinations of the funded debt of the political subdivisions. Effective 7/1/3000. (HD2)

Topics ✓ HousingSupports HousingAuthorizes counties to issue housing infrastructure bonds for new development, excluding from debt calculations to facilitate housing projects.95% confidence

Sub-Topics Community Development Housing Finance Property Development

Track

passed · Hawaii · Senate Feb 19, 2026

SB 3089: RELATING TO THE DOWNPAYMENT LOAN ASSISTANCE PROGRAM.

Amends the Downpayment Loan Assistance Program, administered by the Hawaii Housing Finance and Development Corporation, to align with federal requirements and enhance assistance for low- and moderate-income first-time homebuyers. (SD1)

Topics ✓ HousingSupports HousingAmends downpayment program to enhance assistance for low/moderate-income first-time homebuyers, directly advancing affordable housing access.95% confidence

Sub-Topics Homeownership Housing Finance Property Development

Track

passed both · Hawaii · Senate May 1, 2026

SB 3028: RELATING TO PROPERTY CONVEYANCE.

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. Establishes the Transit-Oriented Development Infrastructure Subaccount within the Dwelling Unit Revolving Fund. Allocates a portion of conveyance tax collections to the Transit-Oriented Development Infrastructure Subaccount and Hawaiian Home Lands Infrastructure and Housing Special Fund. Establishes and appropriates funds out of the Hawaiian Home Lands Infrastructure and Housing Special Fund. Effective 7/1/3000. (HD2)

Topics ✓ Budget & TaxesSupports Budget & TaxesRestructures conveyance tax and allocates collections to Land Conservation, Rental Housing, and infrastructure funds, directly funding public programs.95% confidence ✓ EnvironmentSupports EnvironmentAllocates conveyance tax to Land Conservation Fund and Special Land Fund for trails/access, directly funding environmental conservation efforts.90% confidence ✓ HousingSupports HousingAdds Dwelling Unit Revolving Fund for transit-oriented development infrastructure and adjusts tax allocations to Rental Housing Revolving Fund, directly funding housing programs.95% confidence ✓ TransportationSupports TransportationFunds transit-oriented development infrastructure and trail access programs via Special Land Fund and Dwelling Unit Revolving Fund, directly advancing transportation infrastructure funding.90% confidence

Sub-Topics Income Tax Conservation Property Development Property Taxes Transportation Funding

Track

passed · Hawaii · House Mar 10, 2026

HB 1919: RELATING TO DEVELOPMENT STANDARDS.

HB 1919 prohibits counties from requiring minimum parking spaces for certain new developments starting July 1, 2027. It directly affects counties and developers building projects like residential, commercial, or mixed-use properties that fall under the bill's scope. The key provision removes a common requirement that often increases construction costs and land use for such projects. The bill takes effect on July 1, 2027, with a noted but likely erroneous "effective 7/1/3000" date in the abstract.

Topics ✓ HousingSupports HousingRemoves parking mandates that increase construction costs, potentially lowering housing costs and boosting affordability for new developments.90% confidence

Sub-Topics Land Use Property Development

Track

in committee · Hawaii · Senate Feb 3, 2026

SB 2197: RELATED TO HOUSING.

Replaces the five-year period during which the sales price of a rent-to-own dwelling unit shall remain fixed with an option period established by the Hawaii Housing Finance and Development Corporation. Effective 7/1/2050.

Topics ✓ HousingSupports HousingBill modifies rent-to-own program via HHFDC to establish flexible option periods, supporting housing affordability and tenant pathways to ownership.95% confidence

Sub-Topics Housing Finance Property Development Renters

Track

signed · Hawaii · Senate Jul 9, 2026

SB 2069: RELATING TO THE DWELLING UNIT REVOLVING FUND.

Extends the sunset date of the Dwelling Unit Revolving Fund Equity Pilot Program pursuant to Act 92, SLH 2023, from June 30, 2028, to June 30, 2031. Requires any equity purchased by the Hawaii Housing Finance and Development Corporation under the Dwelling Unit Revolving Fund Equity Pilot Program to be in a for-sale housing development project within a transit-oriented development zone. Authorizes HHFDC to spend up to $20,000,000 from the Dwelling Unit Revolving Fund for the Equity Pilot Program established pursuant to Act 92, Session Laws of Hawaii 2023. (CD2)

Topics ✓ Budget & TaxesSupports Budget & TaxesBill makes housing fund permanent, expands funding uses, and exempts disbursements from appropriation requirements, strengthening affordable housing financial mechanisms.85% confidence ✓ HousingSupports HousingAuthorizes HHFDC to use existing funds for Equity Pilot Program, advancing affordable housing initiatives through targeted funding reallocation.90% confidence ✓ TransportationSupports TransportationRequires housing projects in transit-oriented development zones, promoting transit-accessible housing and supporting public transit integration.92% confidence

Sub-Topics Housing Finance Property Development

passed both · Hawaii · House Mar 30, 2026

HB 1724: RELATING TO THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION.

Makes the Dwelling Unit Revolving Fund Equity Pilot Program permanent, with modifications that include changing the method for computation of interest for purchasers of certain real property. Expands the use of proceeds in the Dwelling Unit Revolving Fund to include purchasing equity in for-sale housing development projects and interim primary or secondary financing. Exempts disbursements from the Affordable Homeownership Revolving Fund from appropriation and allotment requirements. Effective 7/1/2050. (SD1)

Topics ✓ Budget & TaxesSupports Budget & TaxesBill makes affordable housing funding permanent and expands use of proceeds, exempting disbursements from appropriation requirements, which strengthens housing finance programs.85% confidence ✓ HousingSupports HousingPermanently expands HHFDC's Dwelling Unit Revolving Fund to fund equity in for-sale housing development projects, advancing affordable housing through financial mechanisms.95% confidence

Sub-Topics Appropriations Procurement Homeownership Housing Finance Property Development

Track

in committee · Hawaii · Senate Jan 21, 2026

SB 577: RELATING TO RENTAL HOUSING PROJECT DISASTER RECOVERY PERMITS.

Authorizes departments to issue permits for the development of multi-family rental housing projects on state or county land that was used for a multi-family rental housing project before a state emergency.

Topics ✓ HousingSupports HousingBill authorizes permits for multi-family rental housing development on public land after disasters, directly advancing housing supply and development.95% confidence

Sub-Topics Property Development Renters Tags Emergency Management

Track

signed · Hawaii · Senate Jun 9, 2026

SB 2061: RELATING TO RESIDENTIAL CONDOMINIUMS.

Clarifies the Ninety-Nine Year Leasehold Program by: (1) allowing the Hawaii Community Development Authority to prohibit renting, advertising for rent, or using for any other purpose other than owner-occupied residential use a residential condominium unit, by rule, rather than statutorily; (2) exempting the design, development, and construction contracts from procurement requirements, subject to prevailing wage requirements for laborers and mechanics; (3) requiring HCDA to adopt rules to implement an initial sales period during which residential condominium units are offered only to eligible buyers for owner-occupied residential use; (4) authorizing the sale of a residential condominium unit that is not subject to an income restriction and was not sold within a certain period to be sold to other buyers, as determined by rule by HCDA, without an owner-occupancy requirement; (5) requiring HCDA to adopt rules that require at least sixty per cent of residential condominium units to be income restricted; and (6) requiring HCDA to establish rules to require buyback pricing similar to other state agencies' existing pricing formulas. (CD1)

Topics ✓ HousingSupports HousingBill mandates 60% owner-occupied units in redevelopment sites for 10 years, strengthening affordable housing program by preventing rental speculation and ensuring long-term affordability.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentBill includes prevailing wage requirements for laborers and mechanics, which protects workers' wages and employment standards in construction contracts.75% confidence

Sub-Topics Community Development Homeownership Property Development