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SB 2926

  • Hawaii Senate Bill
  • 2024 Regular Session
  • Introduced in Senate Jan 24, 2024
  • Senate
  • House
  • Governor

Relating To The Rental Housing Revolving Fund.

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Bill Subjects

Affordable Housing Affordable In Perpetuity Rhrf

Abstract

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 Hawaiʻi residents who are renter-occupants who own no other real property.

Bill Sponsors (7)

Stanley Chang

  • Democratic
  • Senator
  • District 9
Primary

Troy Hashimoto

  • Democratic
  • Senator
  • District 5
Primary

Joy San Buenaventura

  • Democratic
  • Senator
  • District 2
Primary

Maile Shimabukuro

  • Democratic
Primary

Brandon Elefante

  • Democratic
  • Senator
  • District 16
Cosponsor

Michelle Kidani

  • Democratic
  • Senator
  • District 18
Cosponsor

Glenn Wakai

  • Democratic
  • Senator
  • District 15
Cosponsor

Votes

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Actions

Jan 24, 2024

Senate

Referred to HOU, JDC/WAM.

  • Referral-Committee
Ways and Means Judiciary Housing

Senate

Passed First Reading.

Senate

Introduced.

Bill Text

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Related Documents

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Sources

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