The House Committee on Housing on March 21 passed HCR 78, a resolution declaring that housing projects eligible for credits under Act 31, Session Laws of Hawaii 2024, should remain eligible for those credits after repeal if the projects were approved by the Hawaii Housing Finance and Development Corporation (HHFDC) before July 1, 2031.
Committee staff recorded two pieces of written testimony on the resolution, including support from HHFDC; HHFDC’s representative (identified in the record) submitted written support. A committee member identified in the record also spoke in support and described the resolution as a clarifying amendment to ensure projects built or approved prior to a repeal date remain eligible for credits.
The committee voted to adopt the chair’s recommendation and pass the resolution as is. The record notes excused absences for several members; no members recorded opposing votes in the committee roll call.
The resolution does not itself amend statute; it states legislative intent and requests that HHFDC and county agencies include particular information when approving projects for housing credits. Specifically, it identifies July 1, 2031, as the cutoff date for projects approved by HHFDC to retain eligibility after any repeal of Act 31.
Votes at a glance: HCR 78 — Chair/vice chair recommendation: pass as is; outcome: adopted by committee.