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SB 2195

RELATING TO THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION.

2026 Regular Session Introduced by Stanley Chang and 7 co-sponsors

SB 2195 modifies Hawaii's Housing Finance and Development Corporation authorities or operations, currently in committee review with unclear specific provisions affecting state affordable housing capacity.

The committee on HOU deferred the measure.
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Bill Summary · SB 2195

Legislative bill overview

SB 2195 modifies operations and authorities of the Hawaii Housing Finance and Development Corporation (HHFDC), a state agency responsible for developing affordable housing programs and financing. The bill's specific provisions are not detailed in the available action history, but it has been referred to the Housing (HOU) and Ways and Means (WAM) committees, suggesting it involves either programmatic changes, funding adjustments, or organizational restructuring of the agency.

Why is this important

Hawaii faces a severe affordable housing shortage with some of the nation's highest housing costs relative to median income. Any legislation affecting HHFDC's structure, funding, or authorities directly impacts the state's capacity to address homelessness, workforce retention, and economic accessibility for residents across income levels.

Potential points of contention

  • Scope uncertainty: Without the bill text, the specific nature of proposed changes remains unclear, making it difficult to assess whether modifications strengthen or weaken HHFDC's affordable housing mission
  • Funding implications: WAM committee referral suggests potential fiscal impact; taxpayers and housing advocates may disagree on appropriate public investment levels
  • Agency autonomy vs. oversight: Changes could involve increased legislative control or reduced operational flexibility, affecting HHFDC's ability to respond quickly to market conditions

Compiled from official sources — confirm details with the bill’s official record.

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