STAND. COM. REP. NO. 1510-00

                                 Honolulu, Hawaii
                                                   , 2000

                                 RE: H.C.R. No. 190
                                     H.D. 1




Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twentieth State Legislature
Regular Session of 2000
State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.C.R. No.
190, H.D. 1, entitled: 

     "HOUSE CONCURRENT RESOLUTION REQUESTING THE HOUSING AND
     COMMUNITY DEVELOPMENT CORPORATION OF HAWAII TO EXPLORE HOME
     OWNERSHIP OPTIONS AT THE STATE-OWNED AND OPERATED PALOLO
     HOMES I AND II AND OTHER STATE-OWNED AND OPERATED HOUSING
     PROJECTS,"

begs leave to report as follows:

     The purpose of this concurrent resolution is to request the
Housing and Community Development Corporation of Hawaii
(Corporation) to explore home ownership options at the state-
owned and operated Palolo Homes I and II and other state-owned
and operated housing projects.

     As affirmed by the record of votes of the members of your
Committee on Finance that is attached to this report, your
Committee concurs with the intent and purpose of H.C.R. No. 190,
H.D. 1, and recommends its adoption.

                                   Respectfully submitted on
                                   behalf of the members of the
                                   Committee on Finance,



                                   ______________________________
                                   DWIGHT Y. TAKAMINE, Chair