HB418 • 2026

RELATING TO HOUSING.

Housing Taxes

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor: EVSLIN
Last action: 2025-12-08
Official status: Carried over to 2026 Regular Session.
Effective date: Not listed

Plain English Breakdown

The official summary does not provide specific details about the exact changes or recommendations the working group might make, leaving some uncertainty in this area.

Establishing a Working Group for Housing Plans

This bill establishes a working group to revise the State's Qualified Allocation Plan, prioritize the Rental Housing Revolving Fund, and set loan terms from this fund.

What This Bill Does

Creates a working group to revise the State's Qualified Allocation Plan, which helps allocate federal and state low-income housing tax credits.
The working group will also look at how the Rental Housing Revolving Fund is prioritized and what rules apply to loans made from this fund.
The group includes members like the executive directors of key housing organizations and representatives from the state legislature.
The working group must submit a report with their findings and recommendations to the Legislature before 2026 starts.
Members of the working group will not get paid but can be reimbursed for expenses related to their work.

Who It Names or Affects

People involved in housing projects, especially those focused on low-income housing.
The Hawaii Housing Finance and Development Corporation and other state agencies dealing with housing issues.
Members of the working group who will review and make recommendations about housing plans and funding.

Terms To Know

Qualified Allocation Plan: A plan that decides how tax credits are used to support low-income housing projects.
Rental Housing Revolving Fund (RHRF): A fund used to provide loans for rental housing projects, especially those aimed at helping low-income people.

Limits and Unknowns

The bill does not specify how the working group will be funded.
It is unclear what specific changes the working group might recommend in their report.
The exact impact on housing projects and funding priorities remains to be seen after the report is submitted.

Bill History

2025-12-08 D
Carried over to 2026 Regular Session.
2025-02-07 H
The committee(s) on HSG recommend(s) that the measure be deferred.
2025-02-04 H
Bill scheduled to be heard by HSG on Friday, 02-07-25 9:00AM in House conference room 430 VIA VIDEOCONFERENCE.
2025-01-21 H
Referred to HSG, FIN, referral sheet 1
2025-01-17 H
Introduced and Pass First Reading.
2025-01-16 H
Pending introduction.

Official Summary Text

RELATING TO HOUSING.
Housing; Qualified Allocation Plan; RHRF; Prioritization; Terms; Working Group; Report
Establishes a working group to revise the State's Qualified Allocation Plan, the prioritization of the Rental Housing Revolving Fund, and the terms of loans made from the RHRF. Requires a report to the Legislature.

Current Bill Text

Read the full stored bill text

HB418

HOUSE OF REPRESENTATIVES

H.B. NO.

418

THIRTY-THIRD LEGISLATURE, 2025

STATE OF HAWAII

A BILL FOR AN ACT

relating
to housing
.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

����
SECTION 1.
�
(a)
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There is established a working group to revise
the State's qualified allocation plan, the prioritization of the rental housing
revolving fund, and the terms of loans made from the fund.

����
(b)
�

The working group shall make recommendations to revise:

����
(1)
�
The
State's qualified allocation plan to more effectively allocate federal and
state low-income housing tax credits to projects that best meet the housing
needs of the State; and

����
(2)
�
The
prioritization of the rental housing revolving fund and the terms of loans made
from the fund to support low-income rental housing project and mixed-income
rental projects.

����
(c)
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The working group shall consist of the
following members:

����
(1)
�
The
executive director of the Hawaii housing finance and development corporation, or
the executive director's designee, who shall serve as the chairperson of the
working group;

����
(2)
�
The
executive director of the Hawaii public housing authority, or the executive
director's designee;

����
(3)
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The
chairpersons of the senate and house of representatives standing committees on
housing, or their designees; and

����
(4)
�
Relevant
stakeholders, as recommended by the members of the working group, who shall be
invited by the working group's chairperson.

����
(d)
�
The
working group shall submit a report of its findings and recommendations,
including any proposed legislation, to the legislature no later than twenty
days prior to the convening of the regular session of 2026.

����
(e)
�
The members of the working group shall serve
without compensation but shall be reimbursed for expenses, including travel
expenses, necessary for the performance of their duties.

����
(f)
�

No member of the working group shall be subject to chapter 84, Hawaii
Revised Statutes, solely because of the member's participation in the working
group.

����
(g)
�
The working group shall be dissolved on June
30, 2026.

����
SECTION 2.
�

This Act shall take effect upon its approval.

INTRODUCED BY:

_____________________________

Report Title:

Housing;
Qualified Allocation Plan; RHRF; Prioritization; Terms; Working Group; Report

Description:

Establishes
a working group to revise the State's Qualified Allocation Plan, the
prioritization of the Rental Housing Revolving Fund, and the terms of loans
made from the RHRF.
�
Requires a report to
the Legislature.

The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.