STAND. COM. REP. NO. 2780

Honolulu, Hawaii

RE:    S.B. No. 2822

       S.D. 2

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 S.B. No. 2822, S.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 expand the authority of 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 Finance and Development Corporation, The Chamber of Commerce Hawaii, and Hawaii Association of Realtors.

     Your Committee finds that mixed-use zoning encourages smart growth and the development of compact, higher-density communities consisting of walkable areas with housing, jobs, shops, and services located within close proximity.  Expanding the authority of the Hawaii Housing Finance and Development Corporation to develop mixed-use developments in partnership with state and county departments and agencies would further enable the corporation to use its development authority and expertise to facilitate the development of affordable dwelling units in areas with mixed-use zoning.

     Your Committee has amended this measure by making technical nonsubstantive amendments for the purpose of clarity and consistency.

     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. 2822, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 2822, S.D. 2.

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

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JILL N. TOKUDA, Chair