Establishes a rental housing revolving fund for low- and moderate-income households in Hawaii.

The bill establishes the rental housing revolving fund to support low- and moderate-income households. It includes a mixed-income subaccount for financing mixed-income rentals. The fund can be used for loans, equity investments, and credit enhancement for qualified residents. The corporation must submit an annual report to the legislature detailing projects funded. The fund can receive appropriations, taxes, private contributions, and interest. The director of finance can transfer up to $100,000,000 to the mixed-income subaccount for fiscal year 2026-2027.

Establishes a rental housing revolving fund for low- and moderate-income households in Hawaii.

The bill establishes the rental housing revolving fund to support low- and moderate-income households. It includes a mixed-income subaccount for financing mixed-income rentals. The fund can be used for loans, equity investments, and credit enhancement for qualified residents. The corporation must submit an annual report to the legislature detailing projects funded. The fund can receive appropriations, taxes, private contributions, and interest. The director of finance can transfer up to $100,000,000 to the mixed-income subaccount for fiscal year 2026-2027.