STAND.
COM. REP. NO. 679-22
Honolulu, Hawaii
, 2022
RE: H.B. No. 2444
H.D. 1
Honorable Scott K. Saiki
Speaker, House of Representatives
Thirty-First State Legislature
Regular Session of 2022
State of Hawaii
Sir:
Your Committee on Judiciary & Hawaiian Affairs, to which was referred H.B. No. 2444, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO HOUSING,"
begs leave to report as follows:
Your Committee finds
that this measure takes steps to address a thirty-year-old problem that has
existed at the Villages of Kapolei, where the City and County of Honolulu has
not accepted dedication of infrastructure improvements constructed by a Hawaii
Housing Finance and Development Corporation predecessor agency. Your Committee further finds that although
the City and County of Honolulu receives the real property tax revenues
derived, in part, from the State's infrastructure improvements, the Hawaii Housing
Finance and Development Corporation must maintain those same improvements at an
average cost to the Dwelling Unit Revolving Fund of more than $1,000,000 per
year. This measure will enable the
Hawaii Housing Finance and Development Corporation to make better use of the
funds in the Dwelling Unit Revolving Fund for the development of new infrastructure
for affordable housing projects in the State.
As affirmed by the record of votes of the members of your Committee on Judiciary & Hawaiian Affairs that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2444, H.D. 1, and recommends that it pass Third Reading.
Respectfully submitted on behalf of the members of the Committee on Judiciary & Hawaiian Affairs,
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____________________________ MARK M. NAKASHIMA, Chair |
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