HOUSE OF REPRESENTATIVES
THE THIRTY-THIRD LEGISLATURE
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Rep. Luke A. Evslin, Chair |
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Rep. Tyson K. Miyake, Vice Chair |
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Rep. Elle Cochran |
Rep. Trish La Chica |
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Rep. Tina Nakada Grandinetti |
Rep. Christopher L. Muraoka |
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Rep. Darius K. Kila |
Rep. Elijah Pierick |
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Rep. Lisa Kitagawa |
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NOTICE OF HEARING
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DATE: |
Wednesday, February 11, 2026 |
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TIME: |
9:00 A.M. |
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PLACE: |
VIA VIDEOCONFERENCE Conference Room 430 State Capitol 415 South Beretania Street |
Click here to submit testimony and to testify remotely or in person.
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A G E N D A
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RELATING TO ANTITRUST. Prohibits the use of algorithmic price-setting in Hawaii's rental market. Requires the Department of the Attorney General to develop and undertake a public education program regarding the prohibition. Establishes fines and penalties.
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HSG, JHA, FIN |
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RELATING TO HISTORIC PRESERVATION. Clarifies that residential projects involving ground disturbance in high-risk areas remains subject to review under the State Historic Preservation Program. Removes the historic review exemption for lands presumed nominally sensitive.
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HSG, WAL, JHA |
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RELATING TO HISTORIC PRESERVATION. Authorizes SHPD to conduct a phased review of a proposed project on private property under certain circumstances. Amends the process and deadlines by which SHPD must provide written concurrence or non-concurrence for proposed projects on private property or certain projects that require state or county approval for entitlement for use, after which concurrence may be assumed and the project may proceed. Effective 7/1/3000. (HD1)
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WAL, HSG, FIN |
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RELATING TO HOUSING. Part II: Establishes a Working Group to revise the Hawaii Housing Finance and Development Corporation's Qualified Allocation Plan and propose revisions to the prioritization of the Rental Housing Revolving Fund and the terms of loans made from the Rental Housing Revolving Fund. Requires a report to the Legislature. Appropriates funds. Part III: Requires the HHFDC to make certain revisions to the 2026 Qualified Allocation Plan. Part IV: Prohibits the HHFDC from allocating Low-Income Housing Tax Credits or moneys from the Rental Housing Revolving Fund to projects without a perpetual affordability commitment.
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HSG, FIN |
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RELATING TO THE LOW-INCOME HOUSING TAX CREDIT. Clarifies that a partner or member that is a partnership or limited liability company that has been allocated a low-income housing tax credit may either further allocate the credit or transfer, sell, or assign all or a portion of the credit to any taxpayer. Extends the sunset date of Act 129, SLH 2016, relating to the low-income housing tax credit, until 12/31/2032.
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HSG, FIN |
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RELATING TO HOUSING. 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. Requires 50% of housing units made available under pilot program projects for households having incomes between 60% and 140% of the area median income. Mandates interagency coordination and expedited review for projects to facilitate timely delivery of projects. Requires annual reports to the Legislature. Sunsets 6/30/2031.
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HSG, FIN |
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RELATING TO THE HOUSING LOAN AND MORTGAGE PROGRAM. Increases the Hula Mae Multifamily Revenue Bond authorization ceiling amount to continue financing affordable rental housing statewide.
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HSG, FIN |
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RELATING TO AFFORDABLE HOUSING. Authorizes HHFDC to designate certain for-sale units as permanently affordable housing, subject to certain restrictions. Clarifies that certain resale and occupancy restrictions apply only to projects developed prior to a certain date. Amends the definition of "qualified resident" for the purposes of HHFDC housing development programs.
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HSG, FIN |
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RELATING TO THE RENTAL HOUSING REVOLVING FUND. Revises the Mixed-Income Subaccount within the Rental Housing Revolving Fund by modifying the priority list for project funding and adding new project priority criteria. Authorizes fund transfers between the Mixed-Income Subaccount without legislative approval. Authorizes conveyance tax revenues deposited into the Rental Housing Revolving Fund to be transferred to the Mixed-Income Subaccount. Appropriates funds. Effective 7/1/2050.
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HSG, FIN |
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RELATING TO THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION. Makes the Dwelling Unit Revolving Fund Equity Pilot Program permanent, with modifications that include changing the computation of interest that a purchaser of certain real property is required to pay to the Hawaii Housing Finance Development Corporation upon the purchaser's sale or assignment of the real property after a specified period of time. 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.
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HSG, FIN |
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RELATING TO THE RENTAL HOUSING REVOLVING FUND. Specifies the conditions upon which the Hawaii Housing Finance and Development Corporation may transfer moneys from within the Rental Housing Revolving Fund to a subaccount and between subaccounts of the fund. Clarifies what constitutes a mixed-income rental project for purposes of loans funded through the Mixed-Income Subaccount. Repeals the sunset date for the Mixed-Income Subaccount. Authorizes the Director of Finance to deposit rental housing revolving funds into the Mixed-Income Subaccount. Appropriates funds.
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HSG, FIN |
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RELATING TO HOUSING. Amends, for purposes of the Hawaii Housing Finance and Development Corporation's Rent-to-Own Program, the period during which the sales price of a dwelling unit is required to remain fixed from five years to an option period to be determined by the Corporation.
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HSG, FIN |
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DECISION MAKING TO FOLLOW
Persons wishing to offer comments should submit testimony at least 24 hours prior to the hearing. Testimony received after this time will be stamped late and left to the discretion of the chair to consider. While every effort will be made to incorporate all testimony received, materials received on the day of the hearing or improperly identified or directed, may not be processed.
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FOR AMENDED NOTICES: Measures that have been deleted are stricken through and measures that have been added are bolded.
For more information, please contact the Committee Clerk at (808) 586-6270.
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________________________________________ Rep. Luke A. Evslin Chair |
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