REPORT TITLE:
Housing Assistance


DESCRIPTION:
Appropriates funds to provide loans to families for rental
deposits, emergency rental payments and mortgage payments to
avoid foreclosure.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                            1369        
HOUSE OF REPRESENTATIVES                H.B. NO.           
TWENTIETH LEGISLATURE, 1999                                
STATE OF HAWAII                                            
                                                             
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                   A  BILL  FOR  AN  ACT

RELATING TO THE HOUSING ASSISTANCE.



BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 1      SECTION 1.  There is appropriated out of the general
 
 2 revenues of the State of Hawaii the sum of $500,000, or so much
 
 3 thereof as may be necessary for fiscal year 1999-2000, and the
 
 4 same sum, or so much thereof as may be necessary for fiscal year
 
 5 2000-2001, for the purpose of providing loans to families for
 
 6 rental deposits, emergency rental payments and mortgage payments
 
 7 to avoid foreclosure.
 
 8      SECTION 2.  The sums appropriated shall be expended by the
 
 9 housing and community development corporation of Hawaii.
 
10      SECTION 3.  This Act shall take effect on July 1, 1999.
 
11 
 
12                           INTRODUCED BY:  _______________________