STAND. COM. REP. NO. 2245
Honolulu, Hawaii
President of the Senate
Twenty-Eighth State Legislature
State of Hawaii
Sir:
Your Committee on Housing, to which was referred S.B. No. 2036 entitled:
"A BILL FOR AN ACT AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION BONDS AND MAKING AN APPROPRIATION FOR THE PURCHASE OF EAST KAUAI WORKFORCE AFFORDABLE HOUSING,"
begs leave to report as follows:
The purpose and intent of this measure is to authorize the issuance of general obligation bonds and appropriate the bond proceeds to the County of Kauai to ensure the availability of affordable rental housing on the east side of the island of Kauai.
Your Committee received testimony in support of this measure from three individuals. Your Committee received comments on this measure from the Department of Budget and Finance.
Your Committee finds that affordable housing is desperately needed on Kauai, especially on its east side, where the bulk of Kauai's population lives. Courtyards at Waipouli was built to satisfy an affordable housing zoning requirement to offset the impacts of the Kauai Lagoons development, now known as Hokuala. The County of Kauai has the right of first refusal to purchase the workforce units, which enables the units to be affordable to qualified families. However, if the County of Kauai does not purchase the units, and the units are allowed to be sold or rented at market rates, the County of Kauai will have eighty-two fewer units in its workforce housing inventory.
Your Committee further finds that the County of Kauai and its people will benefit if the county achieves its goal of an ever-increasing inventory of workforce housing that is affordable in perpetuity.
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 S.B. No. 2036 and recommends that it pass Second Reading and be referred to your Committee on Ways and Means.
Respectfully submitted on behalf of the members of the Committee on Housing,
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________________________________ BREENE HARIMOTO, Chair |
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