SB 2424: HHFDC; QUALIFIED RESIDENTS; AFFORDABLE HOUSING; HOUSING DEVELOPMENT; EXEMPTIONS; OWNER-OCCUPANCY; DEED RESTRICTIONS
- Session Year: 2025-2026
- House: Senate
- Latest Version Date: 2026-03-19
Current Status:
In Progress
(2026-03-18: The committee on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Evslin, Miyake, Kila, Kitagawa, La Chica; Ayes with reservations: Representative(s) Grandinetti, Muraoka; 2 Noes: Representative(s) Cochran, Pierick; and Excused: none.)
Introduced
In Committee
First Chamber
In Committee
Second Chamber
Final Decking
Enacted
Removes the prohibition against qualified residents for Hawaii Housing Finance and Development Corporation-approved projects holding a majority interest in land and removes 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. (HD1)
Discussed in Hearing
4MINHouse Standing Committee on Housing
3MINHouse Standing Committee on Housing
1MINSenate Standing Committee on Housing
1MINSenate Standing Committee on Energy and Intergovernmental Affairs
2MIN