state_legiscan_drain · HI
Relating To The Hawaii Housing Finance And Development Corporation.
January 20, 2026
Summary
If enacted, this bill would allow qualified residents in Hawaii Housing Finance and Development Corporation (HHFDC)-approved projects to hold majority interest in land, removing the current prohibition and the requirement to demonstrate financial viability. It would limit ownership to one dwelling property, requiring disposal within two years if majority interest is acquired. The bill also amends exemptions from certain statutes and rules for HHFDC projects that meet conditions like owner-occupancy and deed restrictions.
AI-generated summary · Jul 12, 2026. Verify with your compliance counsel before acting.
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Source: https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=1740&year=2026
Common questions
- What does "Relating To The Hawaii Housing Finance And Development Corporation." cover?
- If enacted, this bill would allow qualified residents in Hawaii Housing Finance and Development Corporation (HHFDC)-approved projects to hold majority…
- When was it published?
- It was published on January 20, 2026.