Bill Text: HI SB442 | 2010 | Regular Session | Amended

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: County Infrastructure Development Revolving Loan Fund

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Engrossed - Dead) 2009-05-11 - Carried over to 2010 Regular Session. [SB442 Detail]

Download: Hawaii-2010-SB442-Amended.html

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STAND. COM. REP. NO. 804

 

Honolulu, Hawaii

                  

 

RE:    S.B. No. 442

       S.D. 2

 

 

 

Honorable Colleen Hanabusa

President of the Senate

Twenty-Fifth State Legislature

Regular Session of 2009

State of Hawaii

 

Madam:

 

     Your Committee on Ways and Means, to which was referred S.B. No. 442, S.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO TRANSIT ORIENTED DEVELOPMENT,"

 

begs leave to report as follows:

 

     The purpose of this measure is to encourage the delivery of new and preservation of existing mixed-use affordable housing as part of transit oriented development.

 

     Specifically, this measure provides incentives to facilitate the development of affordable housing in well-designed transit oriented development and improve the coordination of housing and transportation planning at all levels of government by:

 

(1)  Authorizing the Hawaii housing finance and development corporation to:

 

(A)  Grant funds to affordable housing developers to contract for third-party review and certification to facilitate compliance with the various building codes, ordinances, rules, and other requirements of a county; and

 

(B)  Expedite the process and issuance of building permits for an affordable housing project that is part of a transit oriented development;

 

(2)  Appropriating $500,000 in fiscal year 2009-2010 and $500,000 in fiscal year 2010-2011 for the grants; and

 

(3)  Establishing a commission on transit oriented development and appropriating an unspecified amount for the commission.

 

     Your Committee received one comment on this measure.  The written comment may be reviewed on the Legislature's website.

 

Your Committee finds that a shortage of affordable housing remains a critical concern for the State and that the City and County of Honolulu's mass transit project offers exceptional opportunities for the development of affordable housing.

 

Your Committee has amended this measure by changing its effective date to July 1, 2050, for the purpose of facilitating further discussion.  Your Committee also made technical nonsubstantive amendments for the purposes of clarity.

 

     As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 442, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 442, S.D. 2.

 

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

 

		____________________________ DONNA MERCADO KIM, Chair