HOUSE OF REPRESENTATIVES |
H.B. NO. |
757 |
THIRTY-FIRST LEGISLATURE, 2021 |
|
|
STATE OF HAWAII |
|
|
|
|
|
|
||
|
A BILL FOR AN ACT
relating to the hawaii housing finance and development corporation.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 201H-3, Hawaii Revised Statutes, is amended by amending subsections (a) and (b) to read as follows:
"(a) There is created a board of directors of the
Hawaii housing finance and development corporation consisting of nine members,
of whom [six] five shall be public members appointed by the
governor as provided in section 26-34.
At least [four] three of the public members shall have
knowledge and expertise in public or private financing and development of
affordable housing. Public members shall
be appointed from each of the counties of Honolulu, Hawaii, Maui, and Kauai. At least one public member shall represent
community advocates for low-income housing, affiliated with private nonprofit
organizations that serve the residents of low-income housing. The public members of the board shall serve
four-year staggered terms; provided that the initial appointments shall be as
follows:
(1) Two members to be appointed for four years;
(2) [Two members]
One member to be appointed for three years; and
(3) Two members to be appointed for two years.
The director of
business, economic development, and tourism; chairperson of the Hawaiian homes
commission; and the director of finance, or their designated
representatives, and a representative of the governor's office, shall be ex
officio[[],[]] voting members.
The corporation shall be headed by the board.
(b)
The board of directors shall select a chairperson and vice chairperson
from among its members; provided that the chairperson shall be a public member. The director of business, economic
development, and tourism[,]; chairperson of the Hawaiian homes commission;
director of finance[,]; and the governor's representative shall
be ineligible to serve as chairperson of the board."
SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 3. This Act shall take effect upon its approval.
INTRODUCED BY: |
_____________________________ |
Report Title:
HHFDC; HHC; Board of Directors
Description:
Adds a member of the Hawaiian Homes Commission to the board of directors of the Hawaii Housing Finance and Development Corporation. Reduces the number of public members appointed by the governor.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.