SB164 amends Hawaii housing laws to establish a working group to revise the state's housing allocation plan and fund prioritization.

SB164 amends Hawaii housing laws to establish a working group to revise the state's qualified allocation plan, prioritize the state housing revolving fund, and adjust the terms of loans for low-income and mixed-income rental housing projects. The working group, composed of relevant stakeholders, will submit a report to the legislature by 2026. The bill also modifies the eligibility criteria for projects to receive funds from the state housing revolving fund and dwelling unit revolving fund, emphasizing projects that serve low-income families and are located on state or county-owned land.

SB164 amends Hawaii housing laws to establish a working group to revise the state's housing allocation plan and fund prioritization.

SB164 amends Hawaii housing laws to establish a working group to revise the state's qualified allocation plan, prioritize the state housing revolving fund, and adjust the terms of loans for low-income and mixed-income rental housing projects. The working group, composed of relevant stakeholders, will submit a report to the legislature by 2026. The bill also modifies the eligibility criteria for projects to receive funds from the state housing revolving fund and dwelling unit revolving fund, emphasizing projects that serve low-income families and are located on state or county-owned land.