RELATING TO THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION.
Act 210, on 07/08/2026 (Gov. Msg. No. 1312).
Summary
The bill changes the definition of a “qualified resident” for Hawaii Housing Finance and Development Corporation (HHFDC) projects, eliminating the need to prove financial viability or rent‑paying ability. It also allows a qualified resident to hold a majority interest in only one dwelling‑type property and requires that property to be sold or transferred within two years. In exchange, the bill expands exemptions from many planning, zoning and building statutes for projects that meet specific employment, owner‑occupancy and deed‑restriction conditions.
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