STATE BILLHI HB 1724ENGROSSED

Relating To The Hawaii Housing Finance And Development Corporation.

State of Hawaii

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)

Status
Engrossed
Passed its first chamber
Status date
Mar 10, 2026
247 days ago
Current chamber
Senate
Session
2026 Regular Session
HI HB 1724 · EngrossedMar 10

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Bill details

Last action
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. · Mar 30, 2026
Pending committee
Ways and Means

Sponsors

LELuke EvslinRepresentative · Democrat · HD-016Primary sponsor
TATerez AmatoRepresentative · Democrat · HD-011Primary sponsor
DADella au BelattiRepresentative · Democrat · HD-026Primary sponsor
TGTina GrandinettiRepresentative · Democrat · HD-020Primary sponsor
GIGreggor IlaganRepresentative · Democrat · HD-004Primary sponsor
KKKirstin KahaloaRepresentative · Democrat · HD-006Primary sponsor
SKSue Keohokapu-Lee LoyRepresentative · Democrat · HD-002Primary sponsor
DKDarius KilaRepresentative · Democrat · HD-044Primary sponsor
Show 11 more sponsors
MKMatthias KuschRepresentative · Democrat · HD-001Primary sponsor
LMLisa MartenRepresentative · Democrat · HD-051Primary sponsor
SMScot MatayoshiRepresentative · Democrat · HD-049Primary sponsor
LMLauren MatsumotoRepresentative · Republican · HD-038Primary sponsor
TMTyson MiyakeRepresentative · Democrat · HD-010Primary sponsor
DMDaynette MorikawaRepresentative · Democrat · HD-017Primary sponsor
JRJulie Reyes OdaRepresentative · Republican · HD-040Primary sponsor
JSJackson SayamaRepresentative · Democrat · HD-021Primary sponsor
GSGarner ShimizuRepresentative · Republican · HD-032Primary sponsor
KSKanani SouzaRepresentative · Republican · HD-043Primary sponsor
DTDavid TarnasRepresentative · Democrat · HD-008Primary sponsor

Bill history

Newest first.

Mar 30, 2026Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.Senate
Mar 30, 2026Reported from HOU (Stand. Com. Rep. No. 3205) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.Senate
Mar 17, 2026The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 4 Aye(s): Senator(s) Chang, Hashimoto, Elefante, Rhoads; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fevella.Senate
Mar 13, 2026The committee(s) on HOU added the measure to the public hearing scheduled on 03-17-26 1:05PM; CR 225 & Videoconference.Senate
Mar 12, 2026Referred to HOU, WAM.Senate
Mar 12, 2026Passed First Reading.Senate
Mar 12, 2026Received from House (Hse. Com. No. 271).Senate
Mar 10, 2026Passed Third Reading as amended in HD 2 with none voting aye with reservations; none voting no (0) and Representative(s) Kong, Pierick excused (2). Transmitted to Senate.House
Show 13 earlier actions
Mar 6, 2026Forty-eight (48) hours notice Tuesday, 03-10-26.House
Mar 6, 2026Reported from FIN (Stand. Com. Rep. No. 1092-26) as amended in HD 2, recommending passage on Third Reading.House
Mar 2, 2026The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. 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.House
Feb 27, 2026Bill scheduled for decision making on Monday, 03-02-26 10:00AM in conference room 308 VIA VIDEOCONFERENCE.House
Feb 27, 2026The committee(s) on FIN recommend(s) that the measure be deferred until 03-02-26.House
Feb 24, 2026Bill scheduled to be heard by FIN on Friday, 02-27-26 2:00PM in House conference room 308 VIA VIDEOCONFERENCE.House
Feb 19, 2026Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and none excused (0).House
Feb 19, 2026Reported from HSG (Stand. Com. Rep. No. 570-26) as amended in HD 1, recommending passage on Second Reading and referral to FIN.House
Feb 11, 2026The committee on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 9 Ayes: Representative(s) Evslin, Miyake, Cochran, Grandinetti, Kila, Kitagawa, La Chica, Muraoka, Pierick; Ayes with reservations: none; Noes: none; and Excused: none.House
Feb 6, 2026Bill scheduled to be heard by HSG on Wednesday, 02-11-26 9:00AM in House conference room 430 VIA VIDEOCONFERENCE.House
Jan 26, 2026Referred to HSG, FIN, referral sheet 1House
Jan 21, 2026Introduced and Pass First Reading.House
Jan 20, 2026Prefiled.House

Recorded vote

Senate Housing: Passed, With AmendmentsMar 17, 2026 · Senate · 4 yea · 0 nayPassed

Subjects

  • HHFDC
  • Dwelling Unit Revolving Fund Equity Program
  • Computation of Interest
  • Dwelling Unit Revolving Fund
  • Affordable Homeownership Revolving Fund

Read the bill at the source

This page follows the bill as the legislature records it. For the bill's full text and the official record, use the legislature's own site.

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