SB 2553: HHFDC; AFFORDABLE RENTAL HOUSING; HOUSING LOAN AND MORTGAGE PROGRAM; REPORT

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:

Increases the Hula Mae Multifamily Revenue Bond authorization ceiling amount to continue financing affordable rental housing statewide. Requires the Hawaii Housing Finance and Development Corporation to report to the Legislature on its plan to meet statewide housing demand at the sixty to one hundred forty per cent area median income levels. Effective 7/1/2050. (SD1)

Discussed in Hearing