Hawaii HB1727 amends the rental housing revolving fund to prioritize low-income housing projects and mixed-income rental projects.
Hawaii HB1727 amends the rental housing revolving fund to prioritize low-income housing projects and mixed-income rental projects. The fund will allocate resources to projects with a perpetual affordability commitment and to mixed-income rental projects for households at or below 140% of the area median income. The bill also authorizes the transfer of funds between the fund and subaccounts, and appropriates $100 million for fiscal year 2026-2027. The changes take effect on July 1, 2026.
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