STAND. COM. REP. NO. 1652-24

Honolulu, Hawaii

, 2024

RE: H.C.R. No. 118

H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirty-Second State Legislature

Regular Session of 2024

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.C.R. No. 118, H.D. 1, entitled:

"HOUSE CONCURRENT RESOLUTION URGING THE COUNTIES TO AMEND OR ADOPT ORDINANCES TO BE CONSISTENT WITH THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION'S RULES REGARDING RESIDENTIAL INCOME REQUIREMENTS ON HOUSING PROJECTS,"

begs leave to report as follows:

The purpose of this measure is to urge the counties to amend or adopt ordinances to be consistent with the Hawaii Housing Finance and Development Corporation's rules regarding residential income requirements on housing projects.

As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee concurs with the intent and purpose of H.C.R. No. 118, H.D. 1, and recommends its adoption.

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

____________________________

KYLE T. YAMASHITA, Chair