Establishes a five-year dwelling unit revolving fund equity pilot program to address high demand for for-sale housing units in Hawaii.
The bill creates a five-year dwelling unit revolving fund equity pilot program funded by the dwelling unit revolving fund. It aims to address the high, unmet demand for for-sale housing units by Hawaii residents who own no other real property, receive no gift funds, and work in professions facing labor shortages. Eligible professions include health care workers, educators, law enforcement officers, and staff at correctional facilities.
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