Makes the Dwelling Unit Revolving Fund Equity Pilot Program permanent, with modifications that include changing the computation of interest that a purchaser of certain real property is required to pay to the Hawaii Housing Finance Development Corporation upon the purchaser's sale or assignment of the real property after a specified period of time. Expands the use of proceeds in the Dwelling Unit Revolving Fund to include purchasing equity in for-sale housing development projects and interim primary or secondary financing.

Statutes affected:
HB1724: 201H-191