States / Hawaii / SB 2424

SB 2424 Passed First Chamber

RELATING TO THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Removes the prohibition against qualified residents for Hawaii Housing Finance and Development Corporation-approved projects holding a majority interest in land and removes the requirement that qualified residents demonstrate financial viability or ability to pay rent. Amends exemptions from statutes, ordinances, charter provisions, and rules for certain housing projects developed by the Corporation that satisfy certain conditions, including requirements related to employment, owner-occupancy, and deed restrictions. Effective 7/1/3000. (HD1)

Chamber
Senate
Introduced
Jan 22, 2026
Last action
Jan 22, 2026 — Introduced.
Session
2026
Momentum
60 · High