STAND.
COM. REP. NO. 216
Honolulu, Hawaii
, 2023
RE: H.B. No. 668
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 Housing, to which was referred H.B. No. 668 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 yet accepted dedication of infrastructure improvements
constructed by the predecessor agency to the Hawaii Housing Finance and
Development Corporation. 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.
Your Committee has amended this measure by:
(1) Changing the effective date to July 1, 3000, to encourage further discussion; and
(2) Making a technical, nonsubstantive amendment 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. 668, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 668, H.D. 1, and be referred to your Committee on Judiciary & Hawaiian Affairs.
Respectfully submitted on behalf of the members of the Committee on Housing,
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____________________________ TROY N. HASHIMOTO, Chair |
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