Hawaii SB152 authorizes the Department of Hawaiian Home Lands to use funds in the dwelling unit revolving fund as collateral for loans guaranteed by.

Hawaii SB152 amends the Hawaii Revised Statutes to allow the Department of Hawaiian Home Lands to use funds in the dwelling unit revolving fund as collateral for loans guaranteed by the United States Department of Housing and Urban Development. This change expands the department's ability to secure loans beyond the current limitation of using only receivables of loan accounts outstanding as collateral. The bill also appropriates $75,000,000 for fiscal years 2025-2026 and 2026-2027 to be deposited into the dwelling unit revolving fund.

Hawaii SB152 authorizes the Department of Hawaiian Home Lands to use funds in the dwelling unit revolving fund as collateral for loans guaranteed by.

Hawaii SB152 amends the Hawaii Revised Statutes to allow the Department of Hawaiian Home Lands to use funds in the dwelling unit revolving fund as collateral for loans guaranteed by the United States Department of Housing and Urban Development. This change expands the department's ability to secure loans beyond the current limitation of using only receivables of loan accounts outstanding as collateral. The bill also appropriates $75,000,000 for fiscal years 2025-2026 and 2026-2027 to be deposited into the dwelling unit revolving fund.