HI HB807 | 2025 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 12-0)
Status: Introduced on January 21 2025 - 25% progression
Action: 2025-01-21 - Referred to CPC, FIN, referral sheet 2
Pending: House Consumer Protection & Commerce Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 21 2025 - 25% progression
Action: 2025-01-21 - Referred to CPC, FIN, referral sheet 2
Pending: House Consumer Protection & Commerce Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Establishes the Condominium Loan Program to provide condominium associations with low-cost financing, or refinance previously obtained loans, for maintenance or repair projects. Establishes the Condominium Loan Loss Reserves Program to incentivize lenders into providing loans at competitive rates and terms to condominium associations for the purpose of allowing condominium associations to make necessary maintenance or repairs. Appropriates funds.
Title
Relating To Condominiums.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2025-01-21 | House | Referred to CPC, FIN, referral sheet 2 |
| 2025-01-21 | House | Introduced and Pass First Reading. |
| 2025-01-17 | House | Pending introduction. |
Subjects
Appropriation ($)
Condominium Loan Loss Reserves Program
Condominium Loan Program
Condominiums
Hawaii Green Infrastructure Authority
Condominium Loan Loss Reserves Program
Condominium Loan Program
Condominiums
Hawaii Green Infrastructure Authority
Hawaii State Sources
| Type | Source |
|---|---|
| Summary | https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=807&year=2025 |
| Text | https://www.capitol.hawaii.gov/sessions/session2025/bills/HB807_.HTM |
