Establishes a working group to revise Hawaii's housing allocation plan and loan terms for low-income housing.
The bill establishes a working group to revise the State's qualified allocation plan for federal and state low-income housing tax credits, aiming to better meet housing needs. It also seeks to revise the prioritization of the rental housing revolving fund and the terms of loans to support low-income and mixed-income rental projects. The working group, consisting of key housing officials and stakeholders, will submit recommendations to the legislature by the 2026 session. The group will be dissolved on June 30, 2026.
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