Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Second State Legislature

Regular Session of 2003

State of Hawaii

Sir:

Your Committee on Human Services and Housing, to which was referred S.C.R. No. 96 entitled:

begs leave to report as follows:

The purpose of this concurrent resolution is to support and encourage the operation of the Hawaii HomeOwnership Center.

The Housing and Community Development Corporation of Hawaii, Department of Community Services of the City and County of Honolulu, Bank of Hawaii Corporation, and a member of the Hawaii HomeOwnership Center Board of Directors testified in support of this measure.

The high cost of housing in Hawaii has resulted in many individuals' giving up hope of ever owning a home. Your Committee finds that homeowners are a valuable asset to any community, because homeowners tend to lend greater support to a community in which they have a vested interest. The Hawaii HomeOwnership Center would provide hope to individuals who wish to own their own homes by providing the support and information needed by potential homebuyers with varying incomes and credit histories.

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 concurs with the intent and purpose of S.C.R. No. 96 and recommends its adoption.