STAND. COM. REP. NO.  1783

Honolulu, Hawaii

                , 2017

RE:   S.C.R. No. 143

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Ninth State Legislature

Regular Session of 2017

State of Hawaii

Sir:

     Your Committee on Housing, to which was referred S.C.R. No. 143 entitled:

"SENATE CONCURRENT RESOLUTION URGING THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION TO WORK WITH HOUSING STAKEHOLDERS AND OTHER STATE AND COUNTY AGENCIES TO EVALUATE AND UPDATE THE RENTAL HOUSING REVOLVING FUND PROGRAM'S POLICIES AND PROCEDURES AND REINSTATE THE PREDEVELOPMENT LOAN PROGRAM,"

begs leave to report as follows:

The purpose of this measure is to urge the Hawaii Housing Finance and Development Corporation (HHFDC) to:

(1)  Work with housing stakeholders and other state and county agencies to evaluate and update its policies and procedures with respect to its administration of the Rental Housing Revolving Fund Program; and

(2)  Reinstate its Predevelopment Loan Program, subject to the availability of funds.

An individual testified in support of this measure.  HHFDC and the Land Use Research Foundation of Hawaii testified in support of the intent of 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 concurs with the intent and purpose of S.C.R. No. 143 and recommends that it be referred to your Committee on Finance.

Respectfully submitted on behalf of the members of the Committee on Housing,

____________________________

TOM BROWER, Chair