Honolulu, Hawaii
H.D. 1
Speaker, House of Representatives
Thirty-Second State Legislature
State of Hawaii
Sir:
Your Committee on Housing, to which was referred H.C.R. No. 138 entitled:
"HOUSE CONCURRENT RESOLUTION URGING THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION TO PROMOTE SUPPORTIVE HOUSING IN THE STATE'S LOW-INCOME HOUSING TAX CREDIT PROGRAM,"
begs leave to report as follows:
The purpose of this measure is to urge the Hawaii Housing Finance and Development Corporation to promote supportive housing in the State's Low-Income Housing Tax Credit Program.
Your Committee received testimony in support of this measure from the Hawaii Substance Abuse Coalition, Catholic Charities Hawai‘i, AARP Hawai‘i, and four individuals. Your Committee received comments on this measure from the Hawaii Housing Finance and Development Corporation.
Your Committee finds that supportive housing combines affordable housing with access to services to help the special needs community live more stable and productive lives. Supportive housing has been demonstrated to decrease high use of emergency services and public systems, ultimately generating significant cost savings to taxpayers.
Your Committee further finds that the Low-Income Housing Tax Credit Program is a major financing tool for the construction or rehabilitation of low-income rental units. The Hawaii Housing Finance and Development Corporation is the administrator for the State of the Low-Income Housing Tax Credit Program and developed a Qualified Allocation Plan that sets forth criteria to evaluate and allocate the Low-Income Housing Tax Credit to certain projects. Your Committee believes it is in the best interest of the State to promote the development of supportive housing under the State's Low-Income Housing Tax Credit Program through an amendment to the Qualified Allocation Plan.
Your Committee notes that the Hawaii Housing Finance and Development Corporation indicated in its testimony that it is too late to amend the 2023-2024 Qualified Allocation Plan. The Corporation also noted it convened a working group in January 2023 to consider changes for the 2024-2025 Qualified Allocation Plan, which is to be approved some time in August 2023. As such, the next opportunity to amend the Qualified Allocation Plan will be in January 2025.
Accordingly, your Committee has amended this measure by:
(1) Urging the Hawaii Housing Finance and Development Corporation to amend the 2025-2026, rather than the 2023-2024, Qualified Allocation Plan for the Low-Income Housing Tax Credit Program to facilitate supportive Housing; and
(2) 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 Housing that is attached to this report, your Committee concurs with the intent and purpose of H.C.R. No. 138, as amended herein, and recommends its adoption in the form attached hereto as H.C.R. No. 138, H.D. 1.
Respectfully submitted on behalf of the members of the Committee on Housing,
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TROY N. HASHIMOTO, Chair |
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