HI SB2926 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 7-0)
Status: Introduced on January 24 2024 - 25% progression
Action: 2024-01-24 - Referred to HOU, JDC/WAM.
Pending: Senate Housing Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 24 2024 - 25% progression
Action: 2024-01-24 - Referred to HOU, JDC/WAM.
Pending: Senate Housing Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Requires that housing projects financed by funds from the Rental Housing Revolving Fund remain affordable in perpetuity, regardless of redevelopment. Allows the RHRF to be used to finance and guarantee loans for the development of rental projects that are income blind; provided that they are made available exclusively to Hawaii residents who are renter-occupants who own no other real property.
Title
Relating To The Rental Housing Revolving Fund.
Sponsors
| Sen. Stanley Chang [D] | Sen. Troy Hashimoto [D] | Sen. Joy San Buenaventura [D] | Sen. Maile Shimabukuro [D] |
| Sen. Brandon Elefante [D] | Sen. Michelle Kidani [D] | Sen. Glenn Wakai [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-01-24 | Senate | Referred to HOU, JDC/WAM. |
| 2024-01-24 | Senate | Passed First Reading. |
| 2024-01-24 | Senate | Introduced. |
Subjects
Hawaii State Sources
| Type | Source |
|---|---|
| Summary | https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=2926&year=2024 |
| Text | https://www.capitol.hawaii.gov/sessions/session2024/bills/SB2926_.HTM |
