Report Title: Hawaii Housing Finance and Development Corporation; Low-Income Housing Tax Credit Program; Qualified Allocation Plan
Description: Requires the Hawaii Housing Finance and Development Corporation to: prioritize the allocation of low-income housing tax credits to state-owned development projects; amend the Low-Income Housing Tax Credit Qualified Allocation Plan to allow up to twenty per cent of the maximum one hundred twenty points on the application criteria point system to be allocated to projects offering to convey ownership of the completed project to the State or an organization obliged to use all financial surpluses generated by the project to construct more housing; not award additional points for developer fees that are under twelve per cent; and prioritize applicants who have demonstrated accelerated full repayment into the rental housing revolving fund of past rental housing revolving fund loans. (SD1)
Package: None
Current Referral: HOU, WAM
Introducer(s): CHANG, MCKELVEY, RHOADS, Keith-Agaran, Kidani

Sort by Date Status Text
2/15/2023SReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
2/15/2023SReported from HOU (Stand. Com. Rep. No. 312) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
2/2/2023SThe committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 4 Aye(s): Senator(s) Chang, Kanuha, Aquino, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Rhoads.
1/27/2023SThe committee(s) on HOU has scheduled a public hearing on 02-02-23 1:00PM; Conference Room 225 & Videoconference.
1/27/2023SReferred to HOU, WAM.
1/23/2023SPassed First Reading.

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

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SB858 SD1
All Versions of this Measure
Committee Reports
Hearing Notices
2/02/23 1:00P
CR 225 & Videoconference