STAND. COM. REP. NO. 15
Honolulu, Hawaii
RE: S.B. No. 121
Honorable Donna Mercado Kim
President of the Senate
Twenty-Eighth State Legislature
Regular Session of 2015
State of Hawaii
Madam:
Your Committee on Human Services and Housing, to which was referred S.B. No. 121 entitled:
"A BILL FOR AN ACT RELATING TO THE HAWAII PUBLIC HOUSING AUTHORITY,"
begs leave to report as follows:
The purpose and intent of this measure is to authorize the issuance of general obligation bonds and appropriate funds for the redevelopment, design, and construction of the Hawaii Public Housing Authority's Kuhio Homes and Kuhio Park Terrace low-rise properties.
Your Committee received testimony in support of this measure from the Hawaii Public Housing Authority. Your Committee received comments on this measure from the Department of Taxation.
Your Committee finds that affordable housing is a serious concern for many Hawaii residents. According to the 2011 Hawaii Housing Planning Study, up to 50,000 new housing units will need to be built by 2016 to meet the new demand generated by changing demographics and economic conditions. Failure to produce sufficient units for low- and moderate- income households will cause pent-up demand in these market segments. Furthermore, deferring maintenance of existing public housing stock may exacerbate the severe shortage of low-income rental housing. This measure provides needed funds for the redevelopment of Kuhio Park Terrace and the Kuhio Homes properties, which were built in 1965 and 1953, respectively.
As affirmed by the record of votes of the members of your Committee on Human Services and Housing that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 121 and recommends that it pass Second Reading and be referred to the Committee on Ways and Means.
Respectfully submitted on behalf of the members of the Committee on Human Services and Housing,
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____________________________ SUZANNE CHUN OAKLAND, Chair |
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