Bill > HB1757

This bill requires that any land lease used to transfer "available lands," which are lands designated for native Hawaiians under the Hawaiian Homes Commission Act, must be updated to meet the standards of federally insured lending programs like Fannie Mae or Freddie Mac. This modernization of lease language is intended to remove financial barriers for native Hawaiian families who hold these homestead leases, making it easier for them to secure loans by ensuring their leases are compatible with programs that allow for the securitization, or bundling and selling, of mortgages. The bill specifies that this change is necessary because current lease documents do not conform to these federal lending requirements, and it will take effect upon notification from the Secretary of the Interior that the Act meets certain federal criteria or upon Congressional approval.

Justice

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=1757&year=2026