Hawaii Senate Bill 42: Relating To The Rental Housing Revolving Fund.

Hawaii · 2026 Regular Session

What it does

Repeals statutory language requiring certain housing projects have at least five per cent of available units be for persons and families with incomes at or below thirty per cent of the median family income to be eligible for loans from the Rental Housing Revolving Fund. Repeals statutory language providing grants to developers for rental units set aside for persons and families with incomes at or below thirty per cent of the median family income in any project financed in part or in whole by the Rental Housing Revolving Fund. Repeals statutory language requiring the Hawaii Housing Finance and Development Corporation to establish an application process for Rental Housing Revolving Fund allocation that gives preference to projects providing units for persons and families with incomes at or below thirty per cent of the median family income.

Latest action

Carried over to 2026 Regular Session. (2025-12-08)

See how SB 42 affects you on CapitolKey

Browse more bills · CapitolKey home