STATE BILLHI HB 1727ENGROSSED

Relating To The Rental Housing Revolving Fund.

Authorizes the Rental Housing Revolving Fund (RURF) to be used to provide any and all forms of financing for the development, pre-development, construction, acquisition, preservation, and substantial rehabilitation of rental housing units. Requires the Hawaii Housing Finance and Development Corporation (HHFDC) to give preference to certain projects with perpetual affordability commitments and to applicants with a demonstrated history of early repayment to the RHRF. Authorizes HHFDC, with the approval of the Director of Finance, to transfer moneys between the RHRF and its subaccounts without further legislative authorization. Requires certain RHRF loans applied for or awarded after 12/31/2026 to be subject to review and renegotiation when any mortgage debt to which the loan is subordinate is refinanced or retired. Authorizes HHFDC to use reserved but unencumbered funds for shortterm projects with certain conditions. Authorizes HHFDC to secure lines of credit, standby bond purchase agreements, or other credit enhancement facilities to provide liquidity for the RHRF in certain circumstances. Authorizes the Director of Finance to transfer moneys from the RHRF to its Mixed-Income Subaccount for FY 20262027. Appropriates funds. Effective 7/1/2050. (SD1)

Status: Engrossed; Passed its first chamber
Status date: Mar 5, 2026; 252 days ago
Current chamber: Senate
Session: 2026 Regular Session

HI HB 1727 · EngrossedMar 5

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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

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. 3206) 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 12, 2026The committee(s) on HOU has scheduled a public hearing on 03-17-26 1:05PM; Conference Room 225 & Videoconference.Senate

Mar 10, 2026Referred to HOU, WAM.Senate

Mar 6, 2026Passed First Reading.Senate

Mar 6, 2026Received from House (Hse. Com. No. 43).Senate

Mar 5, 2026Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Perruso excused (1). Transmitted to Senate.House

Show 12 earlier actions

Mar 5, 2026Reported from FIN (Stand. Com. Rep. No. 861-26), recommending passage on Third Reading.House

Mar 2, 2026The 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.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. 574-26) 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
Mixed-Income Subaccount
Department of Budget and Finance
RHRF
Reserved Funds
Appropriations ($)

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Relating To The Rental Housing Revolving Fund.

What it means for vendors

Bill details

Sponsors

Bill history

Recorded vote

Subjects

Read the bill at the source

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Relating To The Rental Housing Revolving Fund.

What it means for vendors

Bill details

Sponsors

Bill history

Recorded vote

Subjects

Read the bill at the source

Start finding government buyers today.It's free.

Start finding government buyers today.
It's free.