SB2060: Relating To The Rental Housing Revolving Fund.

What this measure contains

Authorizes the Rental Housing Revolving Fund to be used to provide any and all forms of financing for the development, predevelopment, construction, acquisition, preservation, and substantial rehabilitation of rental housing units. Requires the Hawaii Housing Finance and Development Corporation to give preference to certain projects with perpetual affordability commitments, that are revenue neutral, and to applicants with a demonstrated history of early repayment to the RHRF. Authorizes HHFDC to use moneys in the RHRF that have been reserved or awarded by HHFDC for specific projects but have not yet been encumbered to fund other rental housing projects subject to certain conditions. Authorizes HHFDC to secure a line of credit or other instrument of indebtedness to provide liquidity for the RHRF under certain conditions. Repeals 6/30/2030. (CD1)

This is the description in the imported bill snapshot. It may describe a later draft than the version considered in this vote. The recorded motion above identifies the decision; the bill description does not establish the exact text voted on.

Official measure page ↗

Official text and draft versions

• Introduced· Jan 14, 2026 · Official original ↗
• Amended· Feb 10, 2026 · Official original ↗Published after this vote
• Amended· Feb 23, 2026 · Official original ↗Published after this vote
• Amended· Mar 24, 2026 · Official original ↗Published after this vote
• Amended· May 2, 2026 · Official original ↗Published after this vote

Document dates help distinguish drafts. A document published before the vote is not proof that this was the version considered.

Recorded decision and member tally

Senate Housing: Passed, With Amendments

This record lists 5 members; its source-reported total is 5.

Committee and conference committee votes involve the assigned members, rather than the entire House or Senate. A tally of three or five members can be a committee decision. The action above identifies the source's decision; these records do not establish that all chamber votes have been captured.

Source outcome: passed.

Yes

4

No

0

Not voting

0

Absent / excused

1

This outcome applies to the recorded motion. It does not by itself mean the measure became law. The original description and each member’s recorded vote are preserved below.

Members listed for this decision

Names come from the imported legislative person record. A profile link appears only when the person has a verified officeholder mapping applicable to the vote date. Missing mappings are kept visible rather than guessed from a name or seat.