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Ka 'Aha'ōlelo Moku'āina 'O Hawai'i

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Measure details
Measure Title: RELATING TO THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION.
Report Title: HHFDC; Dwelling Unit Revolving Fund Equity Program; Computation of Interest; Dwelling Unit Revolving Fund; Affordable Homeownership Revolving Fund
Description: Makes the Dwelling Unit Revolving Fund Equity Pilot Program permanent, with modifications that include changing the method for computation of interest for purchasers of certain real property. Expands the use of proceeds in the Dwelling Unit Revolving Fund to include purchasing equity in for-sale housing development projects and interim primary or secondary financing. Exempts disbursements from the Affordable Homeownership Revolving Fund from appropriation and allotment requirements. Effective 7/1/2050. (SD1)
Companion:
Package: None
Current Referral: HOU, WAM
Introducer(s): EVSLIN, AMATO, BELATTI, GRANDINETTI, ILAGAN, KAHALOA, KEOHOKAPU-LEE LOY, KILA, KUSCH, MARTEN, MATAYOSHI, MATSUMOTO, MIYAKE, MORIKAWA, REYES ODA, SAYAMA, SHIMIZU, SOUZA, TARNAS
Act:

Measure Status History

Sort by Date
DateChamberStatus Text
3/30/2026SReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
3/30/2026SReported from HOU (Stand. Com. Rep. No. 3205) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
3/17/2026SThe committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 4 Aye(s): Senator(s) Chang, Hashimoto, Elefante, Rhoads; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fevella.
3/13/2026SThe committee(s) on HOU added the measure to the public hearing scheduled on 03-17-26 1:05PM; CR 225 & Videoconference.
3/12/2026SReferred to HOU, WAM.
3/12/2026SPassed First Reading.
3/12/2026SReceived from House (Hse. Com. No. 271).
3/10/2026HPassed Third Reading as amended in HD 2 with none voting aye with reservations; none voting no (0) and Representative(s) Kong, Pierick excused (2). Transmitted to Senate.
3/6/2026HForty-eight (48) hours notice Tuesday, 03-10-26.
3/6/2026HReported from FIN (Stand. Com. Rep. No. 1092-26) as amended in HD 2, recommending passage on Third Reading.
3/2/2026HThe committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 15 Ayes: Representative(s) Todd, Takenouchi, Hartsfield, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lee, M., Miyake, Morikawa, Perruso, Templo, Yamashita, Gedeon, Reyes Oda; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Alcos.
2/27/2026HBill scheduled for decision making on Monday, 03-02-26 10:00AM in conference room 308 VIA VIDEOCONFERENCE.
2/27/2026HThe committee(s) on FIN recommend(s) that the measure be deferred until 03-02-26.
2/24/2026HBill scheduled to be heard by FIN on Friday, 02-27-26 2:00PM in House conference room 308 VIA VIDEOCONFERENCE.
2/19/2026HPassed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and none excused (0).
2/19/2026HReported from HSG (Stand. Com. Rep. No. 570-26) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
2/11/2026HThe committee on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 9 Ayes: Representative(s) Evslin, Miyake, Cochran, Grandinetti, Kila, Kitagawa, La Chica, Muraoka, Pierick; Ayes with reservations: none; Noes: none; and Excused: none.
2/6/2026HBill scheduled to be heard by HSG on Wednesday, 02-11-26 9:00AM in House conference room 430 VIA VIDEOCONFERENCE.
1/26/2026HReferred to HSG, FIN, referral sheet 1
1/21/2026HIntroduced and Pass First Reading.
1/20/2026HPrefiled.

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All Versions of this Measure

HB1724_HD2 Link to HB1724_HD2 .PDF file
HB1724_SD1 Link to HB1724_SD1 .PDF file
HB1724_HD1 Link to HB1724_HD1 .PDF file
HB1724 Link to HB1724 .PDF file

Committee Reports

HB1724_HD1_HSCR570-26_ Link to committee report HB1724_HD1_HSCR570-26_ .PDF file (opens in new window)
HB1724_HD2_HSCR1092-26_ Link to committee report HB1724_HD2_HSCR1092-26_ .PDF file (opens in new window)
HB1724_SD1_SSCR3205_ Link to committee report HB1724_SD1_SSCR3205_ .PDF file (opens in new window)

Testimony

HB1724_TESTIMONY_HSG_02-11-26_
HB1724_HD1_TESTIMONY_FIN_02-27-26_
HB1724_HD2_TESTIMONY_HOU_03-17-26_

Hearing Notices

HSG
2/11/26 9:00A
430 VIA VIDEOCONFERENCE
FIN
2/27/26 2:00P
308 VIA VIDEOCONFERENCE
FIN
3/02/26 10:00A
308 VIA VIDEOCONFERENCE
HOU
3/17/26 1:05P
CR 225 & Videoconference