STAND. COM. REP. NO. 385-18

Honolulu, Hawaii

, 2018

RE: H.B. No. 2328

Honorable Scott K. Saiki

Speaker, House of Representatives

Twenty-Ninth State Legislature

Regular Session of 2018

State of Hawaii

Sir:

Your Committee on Housing, to which was referred H.B. No. 2328 entitled:

"A BILL FOR AN ACT RELATING TO HOUSING,"

begs leave to report as follows:

The purpose of this measure is to clarify that provisions permitting a qualified nonprofit housing trust to exercise a right of first refusal to purchase affordable housing units developed by the Hawaii Housing Finance and Development Corporation or a county upon sale by its original owner does not appy to HHFDC projects developed or sold prior to the effective date of Act 159, Session Laws of Hawaii 2017. This measure also makes technical amendments to statutory provisions amended by Act 159.

The Department of Business, Economic Development and Tourism and Hawaii Housing Finance and Development Corporation testified in support 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 is in accord with the intent and purpose of H.B. No. 2328 and recommends that it pass Second Reading and be referred to your Committee on Finance.

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

____________________________

TOM BROWER, Chair