Bill > SB75

This bill establishes a working group tasked with reviewing and recommending improvements to Hawaii's low-income housing programs. Specifically, the working group will focus on revising the State's Qualified Allocation Plan (QAP), which determines how federal and state low-income housing tax credits are distributed, and examining the Rental Housing Revolving Fund (RHRF), including its loan prioritization and terms. The working group will be composed of key government officials, including the executive directors of the Hawaii Housing Finance and Development Corporation and Hawaii Public Housing Authority, standing committee chairpersons from the senate and house of representatives, and additional relevant stakeholders. Members will serve without compensation but will be reimbursed for expenses. The group is required to submit a comprehensive report with findings and recommendations to the legislature by twenty days before the 2026 regular session and will be dissolved on June 30, 2026. The bill aims to enhance the state's ability to support low-income and mixed-income rental housing projects by creating a collaborative approach to reviewing and potentially reforming existing housing policies and funding mechanisms.

Budget and Finance, Housing and Urban Affairs

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=75&year=2026