STAND. COM. REP. NO. 1242

 

Honolulu, Hawaii

, 2023

 

RE: S.B. No. 1286

S.D. 1

H.D. 1

 

 

 

 

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirty-Second State Legislature

Regular Session of 2023

State of Hawaii

 

Sir:

 

Your Committee on Water & Land, to which was referred S.B. No. 1286, S.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO THE HAWAII COMMUNITY DEVELOPMENT AUTHORITY,"

 

begs leave to report as follows:

 

The purpose of this measure is to facilitate the development of affordable housing by allowing the Hawaii Community Development Authority to lease certain real property for a term of ninety-nine years.

 

Your Committee received testimony in support of this measure from the Department of Business, Economic Development, and Tourism; Hawaii Community Development Authority; Stanford Carr Development; and Hawaii YIMBY. Your Committee received opposition to this measure from one individual. Your Committee received comments on this measure from the Office of Hawaiian Affairs.

 

Your Committee finds that this measure would spur greater development of affordable housing by providing long-term leases to attract lenders and buyers.

 

Your Committee has amended this measure by:

 

(1) Changing it to a pilot program to be conducted by the Hawaii Community Development Authority on one parcel of land in the Kakaako Community Development District;

 

(2) Changing its effective date to June 30, 3000, to encourage further discussion; and

 

(3) Making technical, nonsubstantive amendments for the purposes of clarity, consistency, and style.

 

As affirmed by the record of votes of the members of your Committee on Water & Land that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 1286, S.D. 1, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 1286, S.D. 1, H.D. 1, and be referred to your Committee on Judiciary & Hawaiian Affairs.

 

 

Respectfully submitted on behalf of the members of the Committee on Water & Land,

 

 

 

 

____________________________

LINDA ICHIYAMA, Chair