summary
Introduced
01/21/2026
01/21/2026
In Committee
02/19/2026
02/19/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
Amends, for purposes of the Hawaii Housing Finance and Development Corporation's Rent-to-Own Program, the period during which the sales price of a dwelling unit is required to remain fixed from five years to an option period to be determined by the Corporation. Effective 7/1/3000. (HD1)
AI Summary
This bill amends the Hawaii Housing Finance and Development Corporation's Rent-to-Own Program by changing the duration for which the sales price of a dwelling unit must remain fixed. Previously, the sales price was fixed for the first five years of the rental agreement, but this bill removes that fixed five-year period and replaces it with an "option period" that the Corporation will determine. During this option period, participants have the right to buy the unit at the established price, and if they don't purchase it within that time, they lose their right to live in the unit, which then becomes available to others. The bill is set to take effect on July 1, 3000.
Committee Categories
Budget and Finance, Housing and Urban Affairs
Sponsors (14)
Terez Amato (D)*,
Cory Chun (D)*,
Luke Evslin (D)*,
Greggor Ilagan (D)*,
Susan Keohokapu-Lee Loy (D)*,
Darius Kila (D)*,
Matthias Kusch (D)*,
Nicole Lowen (D)*,
Lisa Marten (D)*,
Lauren Matsumoto (R)*,
Tyson Miyake (D)*,
Ikaika Olds (D)*,
Jackson Sayama (D)*,
David Tarnas (D)*,
Last Action
The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 15 Ayes: Representative(s) Todd, Takenouchi, Hartsfield, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lee, M., Miyake, Morikawa, Perruso, Templo, Yamashita, Gedeon, Reyes Oda; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Alcos. (on 03/02/2026)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=1711&year=2026 |
| HB1711_HD1_TESTIMONY_FIN_02-27-26_ | https://www.capitol.hawaii.gov/sessions/session2026/Testimony/HB1711_HD1_TESTIMONY_FIN_02-27-26_.PDF |
| BillText | https://www.capitol.hawaii.gov/sessions/session2026/bills/HB1711_HD1_.HTM |
| Committee Report HB1711_HD1_HSCR567-26_ | https://www.capitol.hawaii.gov/sessions/session2026/CommReports/HB1711_HD1_HSCR567-26_.pdf |
| HB1711_TESTIMONY_HSG_02-11-26_ | https://www.capitol.hawaii.gov/sessions/session2026/Testimony/HB1711_TESTIMONY_HSG_02-11-26_.PDF |
| BillText | https://www.capitol.hawaii.gov/sessions/session2026/bills/HB1711_.HTM |
Loading...