STAND. COM. REP. NO.615
Honolulu, Hawaii
, 2001
RE: H.B. No. 550
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-First State Legislature
Regular Session of 2001
State of Hawaii
Sir:
Your Committee on Finance, to which was referred H.B. No. 550 entitled:
"A BILL FOR AN ACT RELATING TO THE HOUSING AND COMMUNITY DEVELOPMENT CORPORATION OF HAWAII,"
begs leave to report as follows:
The purpose of this bill is to spur the development of housing in the State by:
(1) Authorizing the Housing and Community Development
Corporation of Hawaii (HCDCH) in coordination with the
respective counties to establish affordable housing
requirements for undeveloped parcels in the Villages
of Kapolei, Oahu; Villages of Leialii, Maui; and
Villages of Laiopua, Hawaii; and
(2) Waiving the affordable housing ratio imposed by Act
15, Session laws of Hawaii 1988, for the undeveloped
parcels.
The Special Assistant to the Governor for Housing and HCDCH submitted testimony in support of the bill.
As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 550 and recommends that it pass Third Reading.
Respectfully submitted on behalf of the members of the Committee on Finance,
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____________________________ DWIGHT Y. TAKAMINE, Chair |
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