STAND. COM. REP. NO. 1528

Honolulu, Hawaii

, 2005

RE: H.C.R. No. 170

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Third State Legislature

Regular Session of 2005

State of Hawaii

Sir:

Your Committee on Housing, to which was referred H.C.R. No. 170 entitled:

"HOUSE CONCURRENT RESOLUTION REQUESTING THE COUNTIES TO APPLY TAX INCREMENT FINANCING TO FINANCE THE DEVELOPMENT OF INFRASTRUCTURE FOR AFFORDABLE HOUSING PROJECTS,"

begs leave to report as follows:

The purpose of this concurrent resolution is to request each county to apply tax increment financing to finance the development of infrastructure for affordable housing projects.

A concerned individual testified in support of this measure. A concerned individual provided comments.

As affirmed by the record of votes of the members of your Committee on Housing that is attached to this report, your Committee concurs with the intent and purpose of H.C.R. No. 170 and recommends its adoption.

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

 

____________________________

MICHAEL P. KAHIKINA, Chair