STAND. COM. REP. NO.44

Honolulu, Hawaii

, 2001

RE: H.B. No. 545

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-First State Legislature

Regular Session of 2001

State of Hawaii

Sir:

Your Committee on Human Services and Housing, to which was referred H.B. No. 545 entitled:

"A BILL FOR AN ACT RELATING TO THE RENTAL HOUSING TRUST FUND,"

begs leave to report as follows:

The purpose of this bill is to authorize the issuance of revenue bonds of up to $30,000,000 and appropriate the moneys for the Rental Housing Trust Fund (RHTF).

The Housing and Community Development Corporation of

Hawaii, the Special Assistant to the Governor for Housing, RHTF

Advisory Commission, Department of Community Services of The

City and County of Honolulu, Affordable Housing and Homeless

Alliance, Hawaii State Commission on the Status of Women, Hawaii

Catholic Conference Elderly Services, Health Care for the

Homeless Project, and Catholic Charities submitted testimony in

support of this bill.

Your Committee finds that the revenue bonds will provide funds that will enable RHTF to continue to support the development of affordable rental housing.

As affirmed by the record of votes of the members of your Committee on Human Services and Housing that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 545 and recommends that it pass Second Reading and be referred to the Committee on Finance.

Respectfully submitted on behalf of the members of the Committee on Human Services and Housing,

 

____________________________

MICHAEL P. KAHIKINA, Chair