STAND. COM. REP. NO.  432

 

Honolulu, Hawaii

                , 2009

 

RE:   H.B. No. 1591

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fifth State Legislature

Regular Session of 2009

State of Hawaii

 

Sir:

 

     Your Committee on Housing, to which was referred H.B. No. 1591 entitled:

 

"A BILL FOR AN ACT RELATING TO HOUSING,"

 

begs leave to report as follows:

 

     The purpose of this bill is to:

 

(1)  Make the restrictions on the resale of an affordable housing unit apply in perpetuity; and

 

(2)  Require that the unit be sold to a qualified resident instead of back to the Hawaii Housing Finance and Development Corporation (HHFDC).

 

     The HHFDC and Kamehameha Schools submitted testimony in opposition to this bill.

 

     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. 1591 and recommends that it pass Second Reading and be referred to the Committee on Finance.

 

 

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

 

 

 

 

____________________________

RIDA CABANILLA, Chair