KA ‘AHA KENEKOA
THE THIRTY-SECOND LEGISLATURE
REGULAR SESSION OF 2023
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Senator Stanley Chang, Chair |
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Senator Dru Mamo Kanuha, Vice Chair |
AMENDED NOTICE OF HEARING
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DATE: |
Thursday, February 2, 2023 |
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TIME: |
1:00 PM |
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PLACE: |
Conference Room 225 & Videoconference State Capitol 415 South Beretania Street |
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A M E N D E D A G E N D A
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RELATING TO HOUSING. Appropriates funds to the Hawaii Public Housing Authority for the rehabilitation, remodeling, renovation, and repair of housing units.
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HOU, WAM |
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RELATING TO THE CONVEYANCE TAX. Increases the rate of conveyance tax for condominiums and single family residences ineligible for a county homeowner's exemption with a value of at least $2,000,000. Exempts from the conveyance tax documents and instruments conveying real property subject to a government assistance program approved and certified by the Hawaii housing finance and development corporation and used for the provision of affordable housing for qualified persons in the State. Removes maximum dollar amount of conveyance tax revenues that are to be paid into the rental housing revolving fund each fiscal year. Effective 1/1/2024.
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HOU, WAM |
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RELATING TO THE AFFORDABLE HOUSING REVOLVING FUND. Amends the Supplemental Appropriations Act of 2022 to specify that the appropriation for Hawaii housing finance and development corporation (BED160) is to be deposited into and expended from the affordable homeownership revolving fund for purposes of the revolving fund.
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HOU, WAM |
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RELATING TO HOUSING. Requires Hawaii Housing Finance and Development Corporation to amend the Low-Income Housing Tax Credit Program and Qualified Allocation Plan to allow up to twenty per cent of the maximum one hundred-twenty points on the criteria point system to be allocated to projects offering to convey ownership of the completed project to the State or an organization obliged to use all financial surpluses generated by the project to construct more housing and prioritize applicants based on the timeliness and loan amount repaid to the Rental Housing Revolving Fund.
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HOU, WAM |
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RELATING TO THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION. Establishes priority for projects that are awarded funds from the Rental Housing Revolving Fund that are owned by the State or an organization obliged to reinvest financial surplus generated by a completed project into a newly constructed housing project. Requires the Hawaii Housing Finance and Development Corporation to amend Hawaii Administrative Rules to award application criteria points to projects that fulfill these criteria and prioritize applications based on timing and loan amount repaid early.
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HOU, WAM |
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[Measure deleted 01-31-23] |
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RELATING TO HOUSING. Requires the Hawaii Housing Finance and Development Corporation to prioritize the allocation of low-income housing tax credits to state-owned development projects.
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HOU, WAM |
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RELATING TO HOUSING. Appropriates funds to the Hawaii Public Housing Authority to modernize Hale Poai.
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HOU, WAM |
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Decision Making to follow, if time permits.
All testimony received by the Hawai‘i Senate is posted on the Hawai‘i Legislature's website, which is accessible to the public. Please do not include private information that you do not want disclosed to the public.
Please go to the Legislature's website, www.capitol.hawaii.gov, to submit written testimony at least 24 hours prior to the hearing. Create a free account on the website, or sign in to an existing account, then click on the "Participate" drop down menu and select the "Submit Testimony" option to get started. While submitting your written testimony, you will be prompted to indicate if you would also like to testify at the hearing in-person or remotely via videoconference.
Please note the following:
· The number of oral testifiers and/or time allotted to each testifier may be limited by the Chair when necessary to adhere to the committee hearing schedule. We may not be able to accommodate everyone who requests to testify orally.
· Testifiers for this hearing will be limited to 2 minutes each.
If you wish to testify via videoconference during the hearing, please review the detailed step-by-step instructions for testimony procedures before you submit your written testimony. Here's a direct link to the instructions: https://capitol.hawaii.gov/docs/testimonyinstructions.pdf
For general help navigating the committee hearing process, please contact the Public Access Room at (808) 587-0478 or par@capitol.hawaii.gov. You can also visit their website at https://lrb.hawaii.gov/par/.
For special assistance: The cable TV broadcast and/or live stream of this meeting will include closed captioning. If you require other auxiliary aids or services to participate in the public hearing process (i.e., interpretive services (oral or written) or ASL interpreter), or are unable to submit testimony via the website due to a disability, please contact the committee at HOUcommittee@capitol.hawaii.gov at least 24 hours prior to the hearing.
For amended notices: Measures that have been deleted are stricken through and measures that have been added are underscored. If a measure is both underscored and stricken through, that measure has been deleted from the agenda.
FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT (808) 586-8421.
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_____________________________________ Senator Stanley Chang Chair |
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