STAND. COM. REP. NO. 534

Honolulu, Hawaii

RE:    S.B. No. 1394

       S.D. 1

Honorable Shan S. Tsutsui

President of the Senate

Twenty-Sixth State Legislature

Regular Session of 2011

State of Hawaii

Sir:

     Your Committee on Ways and Means, to which was referred S.B. No. 1394 entitled:

"A BILL FOR AN ACT RELATING TO HAWAII PUBLIC HOUSING AUTHORITY,"

begs leave to report as follows:

     The purpose and intent of this measure is to authorize the Hawaii Public Housing Authority to enter into contracts with developers to develop public housing projects in exchange for commercial space in the project.

     Your Committee received written comments in support of this measure from Denise M. Wise, Hawaii Public Housing Authority.

     Your Committee finds that this measure will expand the Hawaii Public Housing Authority's ability to develop new housing for the State's lowest income populations by enabling the agency to incentivize partnerships with market-rate housing developers.

     Your Committee has amended this measure by changing the effective date to July 1, 2050, to facilitate further discussions on the measure.

     As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 1394, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 1394, S.D. 1.

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

____________________________

DAVID Y. IGE, Chair