STAND. COM. REP. NO. 2131

Honolulu, Hawaii

, 2023

RE: S.B. No. 865

S.D. 2

H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirty-Second State Legislature

Regular Session of 2023

State of Hawaii

Sir:

Your Committee on Finance, to which was referred S.B. No. 865, S.D. 2, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO HOUSING,"

begs leave to report as follows:

The purpose of this measure is to establish and appropriate funds for the Ninety-Nine Year Leasehold Pilot Program to develop low-cost homes on state-owned land in urban redevelopment sites to be sold in leasehold by the Hawaii Community Development Authority to qualified residents.

Your Committee received testimony in support of this measure from the Church of the Crossroads and four individuals. Your Committee received comments on this measure from the Office of Hawaiian Affairs, Department of Land and Natural Resources, and Hawai‘i Community Development Authority.

As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 865, S.D. 2, H.D. 1, and recommends that it pass Third Reading.

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

____________________________

KYLE T. YAMASHITA, Chair