30th Legislature, 2019
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HB870 HD1     
Measure Title: RELATING TO MORTGAGES.
Report Title: Hawaii Housing Finance and Development Corporation; Co-mortgagor; Family Members; Income
Description: Clarifies that a co-mortgagor assisting a qualified resident in securing a mortgage to purchase a dwelling unit from the Hawaii housing finance and development corporation may be a family member, which also includes extended or hanai family members. Requires a qualified resident who is assisted by a co-mortgager to have an income of at least fifty per cent of the amount required to qualify for a loan to purchase the dwelling unit. (HB870 HD1)
Companion:  SB584
Package: None
Current Referral: WAL, FIN
Introducer(s): BROWER

Sort by Date Status Text
1/23/2017HPending introduction.
1/25/2017HPass First Reading
1/27/2017HReferred to WAL, FIN, referral sheet 4
2/3/2017HBill scheduled to be heard by WAL on Wednesday, 02-08-17 9:00AM in House conference room 325.
2/8/2017HThe committees on WAL recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Yamane, Kong, Cullen, Evans, Ichiyama, Lowen, Say, Fukumoto; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) C. Lee.
2/16/2017HReported from WAL (Stand. Com. Rep. No. 463) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
2/16/2017HPassed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) DeCoite, Holt, Souki excused (3).

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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HB870 HD1




CommRoomDate/TimeNotice
WAL 325 2/08/2017 9:00 AM View