Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Third State Legislature

Regular Session of 2006

State of Hawaii

Sir:

Your Committee on Housing, to which was referred H.B. No. 1886 entitled:

begs leave to report as follows:

The purpose of this bill is to preserve the inventory of low-income rental housing units by prohibiting the sale of certain low-income rental housing units in fee simple to private individuals.

The Affordable Housing and Homeless Alliance supported the intent of this bill. The Housing and Community Development Corporation of Hawaii and Land Use Research Foundation of Hawaii opposed this measure.

As affirmed by the record of votes of the members of your Committee on Housing that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1886 and recommends that it pass Second Reading and be referred to the Committee on Finance.