Bill Text: HI HB762 | 2025 | Regular Session | Introduced
Bill Title: Relating To Housing.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Introduced) 2025-01-21 - Referred to HSG, FIN, referral sheet 2 [HB762 Detail]
Download: Hawaii-2025-HB762-Introduced.html
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HOUSE OF REPRESENTATIVES |
H.B. NO. |
762 |
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THIRTY-THIRD LEGISLATURE, 2025 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to housing.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 201H-203, Hawaii Revised Statutes, is amended to read as follows:
"[[]§201H-203[]]
Eligible applicants for funds. [Eligible applicants] To be
eligible for funds, applicants shall [include nonprofit and
for-profit organizations, limited liability companies, partnerships, and
government] be:
(1) Organizations that are required to
use all financial surplus to develop additional housing in the State; or
(2) Government agencies[, who are].
Eligible
applicants shall also be qualified in accordance with rules adopted by the
corporation pursuant to chapter 91."
SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 3. This Act shall take effect upon its approval.
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INTRODUCED BY: |
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Report Title:
RHRF; Eligible Applicants; Organizations; Profits; Government Agencies
Description:
Requires eligible applicants of the Rental Housing Revolving Fund to be either governmental agencies or organizations that are required to use all financial surplus to develop additional housing in the State.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
