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 low-income housing tax credits and the prioritization of the rental housing revolving fund. The group will also revise loan terms to better support low-income and mixed-income rental projects. The working group will submit its findings and recommendations to the legislature by 2026. Members will serve without compensation but will be reimbursed for expenses. The working group will dissolve on June 30, 2026.
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