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HI SB2787

HI SB2787
Relating To The Rental Housing Revolving Fund.


summary

Introduced
01/23/2026
In Committee
01/30/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Authorizes the Rental Housing Revolving Fund to be used to provide loans or grants to eligible individuals to purchase rental units.

AI Summary

This bill amends the Hawaii Revised Statutes to expand the uses of the Rental Housing Revolving Fund, which is managed by the department of Hawaiian home lands and currently used for developing housing projects. Specifically, it adds a new provision allowing the fund to provide loans or grants to individuals with incomes ranging from 61% to 140% of the median family income, enabling them to purchase rental units. This change aims to support the department's mission of providing land to native Hawaiians and also assist other middle-class families in Hawaii with homeownership.

Committee Categories

Housing and Urban Affairs

Sponsors (4)

Last Action

The committee on HOU deferred the measure. (on 02/10/2026)

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