STAND. COM. REP. NO. 3592

Honolulu, Hawaii

RE:    H.B. No. 2293

       H.D. 1

       S.D. 1

Honorable Ronald D. Kouchi

President of the Senate

Twenty-Eighth State Legislature

Regular Session of 2016

State of Hawaii

Sir:

     Your Committee on Ways and Means, to which was referred H.B. No. 2293, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION,"

begs leave to report as follows:

     The purpose and intent of this measure is to authorize the Hawaii Housing Finance and Development Corporation to develop mixed-use developments in partnership with state and county departments and agencies.

     Your Committee received written comments in support of this measure from the Department of Business, Economic Development, and Tourism, Office of Planning, Hawaii Housing and Finance Development Corporation, The Chamber of Commerce Hawaii, Hawaii Association of Realtors, Land Use Research Foundation of Hawaii, and Building Industry Association of Hawaii.

     Your Committee finds that this measure will enable the Hawaii Housing and Finance Development Corporation to develop residential, commercial, office, and public facilities in a mixed‑use context that is integral to developing compact, walkable, and more livable communities.

     Your Committee has amended this measure by:

     (1)  Clarifying the phrase "including mixed-use developments in which housing is a component" by deleting the phrase "in which housing is a component," as unnecessary, given the definition of "mixed-use developments" in the measure;

     (2)  Clarifying the reference to the Corporation's authority to "plan facilities and related infrastructure as an integral part of its mixed-use developments" by adding back the term "housing projects," and adding the word "including" to indicate that the housing projects may include mixed-use developments.  The reference now reads "plan facilities and related infrastructure as an integral part of its housing projects, including mixed-use developments"; and

     (3)  Changing the effective date from July 1, 2030, to July 1, 2016.

     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 H.B. No. 2293, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 2293, H.D. 1, S.D. 1.

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

________________________________

JILL N. TOKUDA, Chair