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SB2553Introduced in the Senate

Relating To The Housing Loan And Mortgage Program.

IntroducedSenate Ways and Means

Introduced by Troy Hashimoto, District 5

What does this bill do?

Plain-English breakdown

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Official description

Increases the Hula Mae Multifamily Revenue Bond authorization ceiling amount to continue financing affordable rental housing statewide. Requires the Hawaii Housing Finance and Development Corporation to report to the Legislature on its plan to meet statewide housing demand at the sixty to one hundred forty per cent area median income levels. Effective 7/1/2050. (SD1)

Where it stands

Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

February 19, 2026

How did lawmakers vote?

SenateStage: Senate Housing: Passed, With Amendments · February 10, 2026

5

Yes

0

No

0

Absent or Not Voting

5 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

What do people think?

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See how each senator voted

Bill history

  1. Introduced.

  2. Passed First Reading.

  3. Referred to HOU, WAM.

  4. The committee(s) on HOU has scheduled a public hearing on 02-05-26 1:01PM; Conference Room 225 & Videoconference.

  5. The committee(s) on HOU deferred the measure until 02-10-26 1:00PM; Conference Room 225 & Videoconference.

  6. The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 5 Aye(s): Senator(s) Chang, Hashimoto, Elefante, Rhoads, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

  7. Reported from HOU (Stand. Com. Rep. No. 2403) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

  8. Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

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