SB 2062: HHFDC; DWELLING UNIT REVOLVING FUND; DWELLING UNIT REVOLVING FUND EQUITY PROGRAM
- Session Year: 2025-2026
- House: Senate
Current Status:
In Progress
(2026-01-27: The committee(s) on HOU deferred the measure until 02-03-26 1:00PM; Conference Room 225 & Videoconference.)
Introduced
First Committee Review
First Chamber
Second Committee Review
Second Chamber
Final Decking
Enacted
Version:
Establishes the Dwelling Unit Revolving Fund Equity Program as a permanent program to be administered by the Hawaii Housing Finance and Development Corporation. Authorizes the Hawaii Housing Finance and Development Corporation to purchase equity in for-sale housing development projects for qualified residents of the State using moneys in the Dwelling Unit Revolving Fund to lower the initial purchasing price. Establishes equity repayment requirements. Effective 6/29/2050.
