HB 1740: HHFDC; QUALIFIED RESIDENTS; AFFORDABLE HOUSING; HOUSING DEVELOPMENT; EXEMPTIONS; OWNER-OCCUPANCY; DEED RESTRICTIONS
- Session Year: 2025-2026
- House: House
- Latest Version Date: 2026-03-25
Current Status:
In Progress
(2026-04-01: The committee(s) on WAM deferred the measure until 04-06-26 10:31AM; Conference Room 211 & Videoconference.)
Introduced
In Committee
First Chamber
In Committee
Second Chamber
Final Decking
Enacted
Repeals the prohibition against qualified residents for Hawaii Housing Finance and Development Corporation-approved projects holding a majority interest in land and repeals the requirement that qualified residents demonstrate financial viability or ability to pay rent. Amends exemptions from statutes, ordinances, charter provisions, and rules for certain housing projects developed by the Corporation that satisfy certain conditions, including requirements related to employment, owner-occupancy, and deed restrictions. Effective 7/1/3000. (SD1)
Discussed in Hearing
8MINSenate Standing Committee on Education
8MINSenate Standing Committee on Housing
46SECSenate Standing Committee on Education
46SECSenate Standing Committee on Housing
48SECHouse Standing Committee on Finance
36SECHouse Standing Committee on Finance
2MINHouse Standing Committee on Water & Land
29SEC