Hhfdc

State (Hawaii)
Hawaii 2024 Regular Session

Relating To Housing. [SB-2840]
Provides a new source of interim financing for affordable housing projects using housing programs under chapter 201H, Hawaii Revised Statutes. Sunsets 7/1/2029. Effective 1/1/2025.

  

Sponsored by: Sen. Troy Hashimoto Referred To Hou/psm, Wam. on 01/24/2024

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State (Hawaii)
Hawaii 2024 Regular Session

Relating To Affordable Housing Development. [SB-2833]
Makes an appropriation to the Hawaii Housing Finance and Development Corporation for the establishment and hiring of one full-time equivalent (1.0 FTE) project manager III position to aid in the development of affordable housing options in the State. Declares that the general fund expenditure ceiling is exceeded. (SD1)

  

Sponsored by: Sen. Lynn Decoite Reported From Hou (stand. Com. Rep. No. 2144) With Recommendation Of Passage On Second Reading, As Amended (sd 1) And Referral To Wam. on 02/06/2024

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State (Hawaii)
Hawaii 2024 Regular Session

Relating To County Housing Powers. [HB-1988]
Expands the counties' authorization to exercise the same powers as the Hawaii housing finance and development corporation for purposes of developing, constructing, financing, refinancing, or providing mixed-income projects and mixed-use developments. Authorizes units in low- and moderate-income housing projects to be made available to households with higher incomes if there is an insufficient number of persons or families who meet income qualifying requirements. Applies to bond proceeds expended by a county after 12/31/23. Effective 7/1/3000. (HD1)

  

Sponsored by: Rep. Jenna Takenouchi Received From House (hse. Com. No. 276). on 03/07/2024

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State (Hawaii)
Hawaii 2024 Regular Session

Relating To Energy. [HB-2100]
Provides rebates for eligible electric vehicle-ready parking stalls for new construction of affordable housing. Effective 7/1/3000. (HD1)

  

Sponsored by: Rep. Lauren Matsumoto Re-referred To Eep, Fin, Referral Sheet 14 on 02/20/2024

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State (Hawaii)
Hawaii 2024 Regular Session

Relating To The Rental Housing Revolving Fund. [SB-2469]
Adds credit enhancement for construction loans to the list of permitted uses of moneys in the Rental Housing Revolving Fund. Requires the Hawaii Housing Finance and Development Corporation to adopt rules.

  

Sponsored by: Sen. Angus McKelvey The Committee On Wam Deferred The Measure. on 02/13/2024

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State (Hawaii)
Hawaii 2024 Regular Session

Relating To Housing. [SB-2337]
Expands the counties' authorization to exercise the same powers as the Hawaii Housing Finance and Development Corporation for purposes of developing, constructing, financing, refinancing, or providing mixed-use developments. Applies to bond proceeds expended by a county after 12/31/2023. Sunsets 6/30/2028. (CD1)

  

Sponsored by: Sen. Joy San Buenaventura Act 045, 05/30/2024 (gov. Msg. No. 1145). on 05/31/2024

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State (Hawaii)
Hawaii 2024 Regular Session

Relating To State Finances. [HB-1760]
Authorizes the Hawaii Housing Finance and Development Corporation, subject to legislative approval, to secure a line of credit or other instrument of indebtedness for the bond volume cap recycling program. Authorizes the Corporation or a county to establish a bond volume cap recycling program authorized by federal law. Allows the Department of Budget and Finance and Corporation to enter into an agreement with a county for bond volume cap recycling. Establishes a volume cap recycling program subaccount within the Rental Housing Revolving Fund. Requires (continued...)

  

Sponsored by: Rep. Micah Aiu Act 035, 05/28/2024 (gov. Msg. No. 1135). on 05/29/2024

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State (Hawaii)
Hawaii 2024 Regular Session

Relating To Homelessness. [SB-2344]
Authorizes the issuance of general obligation bonds to the Hawaii Public Housing Authority for the development and construction of permanent supportive housing for certain vulnerable individuals. Requires the Hawaii Housing Finance and Development Corporation to consider any available federal low-income housing tax credits needed for construction of permanent supportive housing units. (SD1)

  

Sponsored by: Sen. Joy San Buenaventura Reported From Hou (stand. Com. Rep. No. 2312) With Recommendation Of Passage On Second Reading, As Amended (sd 1) And Referral To Wam. on 02/14/2024

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State (Hawaii)
Hawaii 2024 Regular Session

Relating To State Finances. [SB-2339]
Allows HHFDC or a county to establish a bond recycling program authorized by federal law. Allows HHFDC or a county to secure a line of credit or other instrument of indebtedness for the bond recycling program. Allows the Department of Budget and Finance and HHFDC to enter into an agreement with a county for bond recycling. Requires a county or issuer to submit a report to the Department of Budget and Finance and HHFDC on the status or use of its portion of the volume cap that is being recycled. Requires a reserve to be maintained for the unsecured (continued...)

  

Sponsored by: Sen. Joy San Buenaventura Introduced. on 01/19/2024

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State (Hawaii)
Hawaii 2024 Regular Session

Relating To Housing. [HB-1761]
Authorizes HHFDC to issue bonds for housing project infrastructure and finance the development of regional state infrastructure projects. Exempts bonds issued by HHFDC for improvements by assessments, and the interest thereon, from state, county, and municipal taxation, with certain exceptions. Includes proceeds from bonds issued for regional state infrastructure projects as a source of revenue for regional state infrastructure subaccounts. Authorizes regional state infrastructure subaccount revenues to be used to repay regional state infrastructure (continued...)

  

Sponsored by: Rep. Micah Aiu The Committee On Wam Has Deleted The Measure From Decision Making Scheduled On 04-03-24 10:30am; Cr 211 & Videoconference. on 04/03/2024

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State (Hawaii)
Hawaii 2024 Regular Session

Relating To Housing. [HB-1763]
Prohibits the Hawaii Housing Finance and Development Corporation from forgiving any loan made from the Rental Housing Revolving Fund unless the Corporation forecloses on the project. Amends the permitted uses of and priority for which moneys in the Rental Housing Revolving Fund are to be used. Repeals the authorization to use Rental Housing Revolving Fund to provide grants. Requires the Corporation to submit a report to the Legislature on plans to revolve funds back into the Rental Housing Revolving Fund. Applies to Rental Housing Revolving Fund (continued...)

  

Sponsored by: Rep. Luke Evslin Act 235, 07/09/2024 (gov. Msg. No. 1340). on 07/09/2024

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State (Hawaii)
Hawaii 2024 Regular Session

Relating To Proposed Housing Developments. [SB-644]
Requires the Hawaii Housing Finance and Development Corporation or an eligible developer to prepare an environmental impact statement for any proposed housing project on lands zoned as preservation or conservation by the applicable county.

  

Sponsored by: Sen. Carol Fukunaga Carried Over To 2024 Regular Session. on 12/11/2023

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State (Hawaii)
Hawaii 2024 Regular Session

Relating To Bonds. [SB-1256]
Requires counties with a private activity bond issuance program to exhaust their allotment before applying to the State for the state allocation. Requires a project to first apply to the county in which the project is located, if the county has a private activity bond issuance program, before applying to the State. Requires the State, if it receives a county allocation, to award that same amount to benefit that county. Requires the department of budget and finance to indicate to the Hawaii housing finance and development corporation any county amount (continued...)

  

Sponsored by: Sen. Stanley Chang Carried Over To 2024 Regular Session. on 12/11/2023

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State (Hawaii)
Hawaii 2024 Regular Session

Relating To Waiahole Valley. [SB-1195]
Requires the Hawaii Housing Finance and Development Corporation to report to the Legislature on the progress and ultimate outcome of the ongoing lease rent renegotiations and to recommend whether the management duties for the valley should be transferred from the Hawaii Housing Finance and Development Corporation to a different state entity. Effective 7/1/2050. (SD1)

Sponsored by: Sen. Joy San Buenaventura Carried Over To 2024 Regular Session. on 12/11/2023

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State (Hawaii)
Hawaii 2024 Regular Session

Relating To Housing. [SB-2065]
Establishes the Hawaii Residential Developers Loan Revolving Fund to be administered by the Hawaii Housing Finance and Development Corporation for the purpose of enhancing credit and guaranteeing and insuring loans made by private financial institutions to developers of residential housing for sale or rent to qualified residents. Authorizes the Director of Finance to issue general obligation bonds to fund the Hawaii Residential Developers Loan Revolving Fund. Makes an appropriation. (SD1)

  

Sponsored by: Sen. Joy San Buenaventura Reported From Hou/cpn (stand. Com. Rep. No. 2239) With Recommendation Of Passage On Second Reading, As Amended (sd 1) And Referral To Wam. on 02/12/2024

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State (Hawaii)
Hawaii 2024 Regular Session

Relating To Housing. [SB-2032]
Establishes the Accessory Dwelling Unit Construction Grant Program within the Hawaii Housing Finance and Development Corporation to provide funding to private property owners for the construction of accessory dwelling units, including any necessary associated infrastructure, to be used as below-market rental units. Makes an appropriation.

  

Sponsored by: Sen. Stanley Chang Introduced And Passed First Reading. on 01/17/2024

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State (Hawaii)
Hawaii 2024 Regular Session

Relating To The Dwelling Unit Revolving Fund. [SB-1114]
Requires HHFDC to establish a five-year dwelling unit revolving fund equity pilot program. Creates one full-time equivalent housing development specialist III position. Appropriates funds.

  

Sponsored by: Sen. Jarrett Keohokalole Carried Over To 2024 Regular Session. on 12/11/2023

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State (Hawaii)
Hawaii 2024 Regular Session

Relating To The Hawaii Housing Finance And Development Corporation. [SB-2064]
Grants the Hawaii Housing Finance and Development Corporation the right of first refusal for the development of property for all development on state lands, excluding the Stadium Development District and lands under the Hawaii Public Housing Authority and Department of Hawaiian Home Land lands, that are within county-designated transit-oriented development zones, or within a one-half mile radius of a proposed or existing transit station if the county has not designated transit-oriented development zones, which shall be triggered by a proposed development (continued...)

  

Sponsored by: Sen. Joy San Buenaventura Reported From Hou/wtl (stand. Com. Rep. No. 2163) With Recommendation Of Passage On Second Reading, As Amended (sd 1) And Referral To Wam. on 02/07/2024

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State (Hawaii)
Hawaii 2024 Regular Session

Relating To The Hawaii Housing Finance And Development Corporation. [SB-2038]
Requires the Hawaii Housing Finance and Development Corporation to employ an Executive Director to be nominated by the Governor, subject to the advice and consent of the Senate. Transfers the duties and powers of the Board of Directors of the Hawaii Housing Finance and Development Corporation to the Executive Director. Requires the Board to advise the Executive Director. Takes effect 7/1/2050. (SD1)

  

Sponsored by: Sen. Stanley Chang Reported From Hou/gvo (stand. Com. Rep. No. 2311) With Recommendation Of Passage On Second Reading, As Amended (sd 1) And Referral To Jdc/wam. on 02/14/2024

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State (Hawaii)
Hawaii 2024 Regular Session

Relating To Energy. [SB-1460]
Provides rebates for eligible electric vehicle ready parking stalls for new construction of affordable housing. Beginning with calendar year 2024, requires that electric vehicle ready parking for new construction be integrated as a criterion in the low-income housing tax credit qualified allocation plan.

  

Sponsored by: Sen. Stanley Chang Carried Over To 2024 Regular Session. on 12/11/2023

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