STAND. COM. REP. NO. 483

Honolulu, Hawaii

, 2021

RE: H.B. No. 1132

H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirty-First State Legislature

Regular Session of 2021

State of Hawaii

Sir:

Your Committee on Housing, to which was referred H.B. No. 1132 entitled:

"A BILL FOR AN ACT RELATING TO HOUSING,"

begs leave to report as follows:

The purpose of this measure is to alleviate the affordable rental housing needs of elderly persons by authorizing the issuance of general obligation bonds to be appropriated for construction of Phase I of a senior affordable housing project on Hawaii Public Housing Authority property on School Street, Oahu.

Your Committee received testimony in support of this measure from the Hawaii Housing Finance and Development Corporation, Hawaii Public Housing Authority, Catholic Charities Hawai‘i, Partners in Care, and two individuals.

Your Committee notes that the general obligation bond funds in this measure will be used by the Hawaii Public Housing Authority to redevelop a portion of a 6.6-acre site at North School Street on Oahu. Phase I of the development will be an affordable housing project containing two hundred fifty age-restricted rental units for seniors. According to testimony received by your Committee from the Hawaii Public Housing Authority, the housing units would remain affordable housing rental units in perpetuity. Your Committee finds that this measure will help address the State's affordable housing needs, as well as support job creation through this project.

Your Committee has amended this measure by:

(1) Making the $40,000,000 appropriation out of the Rental Housing Revolving Fund for fiscal year 2021-2022 only;

(2) Changing the effective date to July 1, 2050, to encourage further discussion; and

(3) Making technical, nonsubstantive amendments for the purposes of clarity, consistency, and style.

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. 1132, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 1132, H.D. 1, and be referred to your Committee on Finance.

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

____________________________

NADINE K. NAKAMURA, Chair