STAND. COM. REP. NO. 3063

 

Honolulu, Hawaii

                  

 

RE:    H.B. No. 2305

       H.D. 1

 

 

 

Honorable Ronald D. Kouchi

President of the Senate

Twenty-Eighth State Legislature

Regular Session of 2016

State of Hawaii

 

Sir:

 

     Your Committee on Housing, to which was referred H.B. No. 2305, H.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO THE DWELLING UNIT REVOLVING FUND,"

 

begs leave to report as follows:

 

     The purpose and intent of this measure is to authorize the creation of regional state infrastructure subaccounts within the dwelling unit revolving fund to provide loans and grants to finance regional state infrastructure improvements in areas of planned growth.

 

     Your Committee received testimony in support of this measure from the Department of Business, Economic Development, and Tourism; Department of Commerce and Consumer Affairs; Office of Planning; Hawaii Housing Finance and Development Corporation; Land Use Research Foundation of Hawaii; Chamber of Commerce Hawaii; Hawaii Association of REALTORS; and Building Industry Association of Hawaii.

 

     Your Committee finds that orderly and planned infrastructure construction is the foundation for planned population growth and desirable communities.  Adequate infrastructure to accommodate future growth would provide livable communities with a desirable quality of life, make possible strategically situated affordable housing near jobs, and allow necessary infrastructure capacity to support development.

 

     Your Committee further finds that infrastructure capacity must be increased to accommodate higher densities in and around the transit corridor and that infrastructure construction should be timed or phased with planned development.  While the lack of adequate infrastructure is most evident on Oahu, the neighbor islands also suffer from lack of infrastructure to accommodate future growth.  This measure will enable all counties to finance the initial costs of infrastructure that will support new, planned development.

 

     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. 2305, H.D. 1, and recommends that it pass Second Reading and be referred to your Committee on Ways and Means.

 

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

 

 

 

________________________________

BREENE HARIMOTO, Chair