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HCR 90

URGING THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION TO DEVELOP A PLAN TO PRODUCE SUFFICIENT HOUSING TO MEET THE STATE'S DEMAND.

2025 Regular Session Introduced by Luke Evslin

Urges HHFDC to devise a comprehensive plan to produce enough housing to meet Hawaii’s current demand and submit it to the Legislature before the 2026 Regular Session.

Referred to HSG, referral sheet 22
#hhfdc #housingplan #report
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Bill Summary · HCR 90

Summary — HCR 90 (2025)

URGING THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION TO DEVELOP A PLAN TO PRODUCE SUFFICIENT HOUSING TO MEET THE STATE'S DEMAND

Main purpose

HCR 90 is a concurrent resolution urging the Hawaii Housing Finance and Development Corporation (HHFDC) to develop a plan to produce sufficient housing to meet Hawaii’s current demand and to submit that plan to the Legislature in advance of the 2026 Regular Session.

Key findings cited

  • In 2017 there were 532,880 housing units statewide; 45,373 were vacant (2019 Hawaii Housing Planning Study).
  • From 2010–2018 the State produced 26,152 units (≈2,902 units/year), an average annual growth rate of 0.6% vs. 1.3% national average.
  • Hawaii has a high share of “vacant unavailable” units (11.2%).
  • HHFDC has been heavily financing rental production targeted to households at 50–60% of area median income (AMI) via low-income housing tax credits (LIHTC), while demand projections (2020–2025) showed greater need in other segments: e.g., modest rental demand at 50–60% AMI (1,789 units) versus higher rental demand at 120–140% AMI (1,855 units) and large ownership demand for households ≥120% AMI (over 11,800 units).
  • Housing shortage and cost are significant drivers of out-migration intentions (24% indicated intent to move out-of-state; many cited housing as a key reason).

What the resolution does

  • Urges HHFDC to develop a plan to produce sufficient housing to meet State demand, emphasizing broader income segments and efficient production strategies.
  • Requests HHFDC submit a copy of that plan to the Legislature no later than 20 days prior to the convening of the 2026 Regular Session.
  • Requests certified copies of the resolution be transmitted to the HHFDC Board Chairperson and Executive Director.

Who is affected

  • Primary: HHFDC (requested to prepare and deliver the plan).
  • Indirect: residents, renters and prospective homeowners across income levels, housing developers, workforce retention efforts, and state/local policymakers who may act on the plan’s recommendations.

Legal/ procedural notes and status

  • Classification: Concurrent resolution — nonbinding; it urges and requests action but does not appropriate funds or change law.
  • Introduced: February 27, 2025. Referred to HSG (referral sheet 22). Companion measures: SCR 24 and HR 86.
  • Legislative actions recorded: adopted by the House and Senate in May 2025, enrolled and transmitted to the Governor; recorded as signed by the Governor on June 20, 2025 (per bill actions).

Potential impact

If HHFDC responds, the resulting plan could shift production and financing priorities toward income segments and housing types with higher projected demand, inform future policy and funding decisions, and support strategies to increase overall housing output and retain workforce. As a nonbinding resolution, further legislative or executive actions would be required to implement or fund specific recommendations.

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

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