Establishes a state rent supplement program to provide rental assistance to qualified tenants in Hawaii.

The bill establishes a state rent supplement program to provide rental assistance to qualified tenants in Hawaii. It creates a special fund to receive transaction fees and legislative appropriations, which will be used to subsidize the difference between the established monthly rent and the tenant's income, up to $2,000 per month. Qualified tenants must contribute at least 30% of their income towards rent. The program prioritizes tenants with incomes at or below 80% of the annual median income, including elders, families with children under 18, and those with disabilities.

Establishes a state rent supplement program to provide rental assistance to qualified tenants in Hawaii.

The bill establishes a state rent supplement program to provide rental assistance to qualified tenants in Hawaii. It creates a special fund to receive transaction fees and legislative appropriations, which will be used to subsidize the difference between the established monthly rent and the tenant's income, up to $2,000 per month. Qualified tenants must contribute at least 30% of their income towards rent. The program prioritizes tenants with incomes at or below 80% of the annual median income, including elders, families with children under 18, and those with disabilities.