HB 2270: HHFDC; DOWNPAYMENT LOAN ASSISTANCE PROGRAM
- Session Year: 2025-2026
- House: House
- Latest Version Date: 2026-02-18
Current Status:
In Progress
(2026-03-12: The committee(s) on HOU has scheduled a public hearing on 03-17-26 1:05PM; Conference Room 225 & Videoconference.)
Introduced
In Committee
First Chamber
In Committee
Second Chamber
Final Decking
Enacted
Version:
Amends the Downpayment Loan Assistance Program by: removing the prohibition on combined loan-to-value ratios; clarifying the Hawaii Housing Finance and Development Corporation's authority to allow payment waivers and interest forgiveness; authorizing financial institutions, mortgage lenders and other loan originators to originate downpayment loans; and reducing the borrower's required personal contribution toward the downpayment. Effective 7/1/3000. (HD1)
Discussed in Hearing
6MINFeb 13, 2026
House Standing Committee on Housing
40SECFeb 13, 2026