Hawaii legislation · 2026 Regular Session
Hawaii SB2069: Relating to the Dwelling Unit Revolving Fund.
Status: Signed into law, July 9, 2026
Authorizes the Hawaii Housing Finance and Development Corporation to use existing funds in the Dwelling Unit Revolving Fund for the Equity Pilot Program established under Act 92, SLH 2023. Takes effect 7/1/2050.
What the bill says
A bill for an act relating to the dwelling unit revolving fund.
From the enrolled text:
A BILL FOR AN ACT RELATING TO THE DWELLING UNIT REVOLVING FUND. SECTION 1. The legislature finds that the dwelling unit revolving fund equity pilot program was established to create more homeownership opportunities for qualified purchasers, especially those who work in professions with critical shortages in the State, such as health care workers, educators, law enforcement and correctional officers, and agricultural field workers. Under the dwelling unit revolving fund equity pilot program, the Hawaii housing finance and development corporation uses funds in the dwelling unit revolving fund to work with developers of for-sale projects to purchase a specified amount of equity in designated units that are being sold to qualified residents, thus lowering the price of the qualifying home for the qualifying resident. The legislature further finds that extending the sunset date of the dwelling unit revolving fund equity pilot program demonstrates a viable, sustainable approach to increasing access to homeownership for residents of the State. 2026--2574 SB2069 CD2 SMA.docx S.B. NO. ~ Page2 C.D. Accordingly, the purpose of this Act is to: (1) Extend the sunset date of the dwelling unit revolving fund equity pilot program pursuant to Act 92, Session Laws of Hawaii 2023, from June 30, 2028, to June 30, 2031; and (2) Require that any equity purchased by the Hawaii housing finance and development corporation under …
Sponsors
- Stanley Chang (D, 9) · primary sponsor
- Kurt Fevella (R, 20)
- Michelle Kidani (D, 18)
- Joy San Buenaventura (D, 2)
- Tim Richards (D, SD-004)
Latest actions
- : Act 213, on 07/08/2026 (Gov. Msg. No. 1315).
- : Act 213, 07/08/2026 (Gov. Msg. No. 1315).
- : Enrolled to Governor.
- : Received notice of passage on Final Reading in House (Hse. Com. No. 889).
- : Received notice of Final Reading (Sen. Com. No. 820).
- : Passed Final Reading, as amended (CD 2). Ayes, 24; Aye(s) with reservations: none. Noes, 0 (none). Excused, 1 (Senator(s) San Buenaventura).
- : Passed Final Reading as amended in CD 2 with none voting aye with reservations; Representative(s) Cochran voting no (1) and none excused (0).
- : 48 Hrs. Notice 05-08-26
- : Report filed.
- : Separated Committee Report.
Votes
- Passed Final Reading, as amended (CD 2) (May 8, 2026): 24 yea, 0 nay, passed
- Final Reading as amended in CD 2 with none voting aye with reservations; Representative(s) Cochran voting no (1) and none excused (0) (May 8, 2026): 50 yea, 1 nay, passed
- Floor amendment adopted as amended CD 2 with none voting no and none excused (May 6, 2026): 51 yea, 0 nay, passed
- none. (April 29, 2026): 3 yea, 0 nay, passed
- Conference Committee Vote (April 29, 2026): 3 yea, 0 nay, passed
- Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cochran excused (1) (April 9, 2026): 50 yea, 0 nay, passed
Subjects: Report, Housing, The Dwelling Unit Revolving Fund, HHFDC, Counties
Common questions
- What is SB2069?
- SB2069 is a bill in the Hawaii Legislature (2026 Regular Session): Relating to the Dwelling Unit Revolving Fund.
- What does SB2069 do?
- In its own words: A bill for an act relating to the dwelling unit revolving fund.
- What is the status of SB2069?
- Signed into law as of July 9, 2026. Latest action: Act 213, on 07/08/2026 (Gov. Msg. No. 1315). (July 9, 2026).
- Who sponsored SB2069?
- Stanley Chang (D, 9), with 4 co-sponsors.
- Where is the official record for SB2069?
- On the Hawaii Legislature website: https://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=SB&billnumber=2069&year=2026
Source: official Hawaii record. Tracked by Delilah, AI for legislation across all 50 states and Congress.