SB 2544: HHFDC; DURF; HAWAII BUILDS PILOT PROGRAM; EXEMPTIONS; PERMIT REVIEWS; INTERAGENCY COORDINATION; REPORTS
- Session Year: 2025-2026
- House: Senate
- Latest Version Date: 2026-02-23
Current Status:
In Progress
(2026-03-05: Received from Senate (Sen. Com. No. 25) in amended form (SD 2).)
Introduced
First Committee Review
First Chamber
Second Committee Review
Second Chamber
Final Decking
Enacted
Establishes a 5-year Hawaii Builds Pilot Program within the Hawaii Housing Finance and Development Corporation. Authorizes the Corporation to deploy moneys from the Dwelling Unit Revolving Fund for predevelopment activities or as active construction equity, subject to an annual cap. Provides that a majority of housing units made available under pilot program projects shall comply with requirements established by HHFDC under section 201H-38, HRS. Mandates interagency coordination and expedited review for projects to facilitate timely delivery of projects. Requires annual reports to the Legislature. Sunsets 6/30/2031. Effective 7/1/2050. (SD2)
Discussed in Hearing