SB 2070: HHFDC; REAL PROPERTY; QUALIFIED RESIDENT; PERMANENTLY AFFORDABLE; FOR-SALE HOUSING; RESTRICTIONS ON TRANSFER
- Session Year: 2025-2026
- House: Senate
- Latest Version Date: 2026-02-18
Current Status:
In Progress
(2026-02-19: Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.)
Introduced
In Committee
First Chamber
In Committee
Second Chamber
Final Decking
Enacted
Version:
Authorizes the Hawaii Housing Finance and Development Corporation to designate certain for-sale housing units as permanently affordable. Requires the HHFDC to adopt rules to implement the Housing for Locals Forever Program. Repeals certain requirements defining a qualified resident. Removes restrictions applicable to the transfer of certain real property developed and sold under chapter 201H, HRS. Effective 7/1/2050. (SD1)
