STAND. COM. REP. NO.  791-08

 

Honolulu, Hawaii

                , 2008

 

RE:   H.B. No. 2515

      H.D. 1

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fourth State Legislature

Regular Session of 2008

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred H.B. No. 2515 entitled:

 

"A BILL FOR AN ACT RELATING TO KUKUI GARDENS,"

 

begs leave to report as follows:

 

     The purpose of this bill is to preserve affordable housing in Honolulu by authorizing the issuance of $26,000,000 in general obligation bonds to complete the acquisition of a portion of the Kukui Gardens housing project.

 

     The Hawaii Housing Finance and Development Corporation, Office of Hawaiian Affairs, Faith in Action for Community Equity, Hawaii Family forum, Roman Catholic Church in the State of Hawaii, Hawaii Habitat for Humanity Association, and EAH Housing testified in support of this bill.

 

     Your Committee has amended this bill by changing the effective date to July 1, 2020, to encourage further discussion.

 

     As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2515, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 2515, H.D. 1.

 

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

 

 

 

 

____________________________

MARCUS R. OSHIRO, Chair