STAND. COM. REP. NO. 3097

Honolulu, Hawaii

RE: H.B. No. 2292

H.D. 2

S.D. 1

Honorable Ronald D. Kouchi

President of the Senate

Thirty-Second State Legislature

Regular Session of 2024

State of Hawaii

Sir:

Your Committee on Housing, to which was referred H.B. No. 2292, H.D. 2, entitled:

"A BILL FOR AN ACT RELATING TO AFFORDABLE HOUSING DEVELOPMENT,"

begs leave to report as follows:

The purpose and intent of this measure is to appropriate funds for the establishment and hiring of an unspecified number of project management III positions for the Hawaii Housing Finance and Development Corporation.

Your Committee received testimony in support of this measure from the Hawaii Housing Finance and Development Corporation and Office of Planning and Sustainable Development.

Your Committee finds that the State is currently suffering from a housing shortage. Your Committee also finds that there are immediate and novel opportunities to develop affordable housing throughout the State. Therefore, the purpose of this measure is to create additional project manager positions within the Hawaii Housing Finance and Development Corporation to manage and aid in the development of these opportunities.

Your Committee has heard the concerns raised by the Hawaii Housing Finance and Development Corporation regarding the costs to administer this measure. Your Committee requests that should future committees deliberate on this measure that they consider the Hawaii Housing Finance and Development Corporation's request of an appropriation amount of $237,992, representing an annual salary of $145,117 plus fringe.

Your Committee has amended this measure by clarifying the position title as a "Project Manager III".

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. 2292, H.D. 2, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 2292, H.D. 2, S.D. 1, and be referred to your Committee on Ways and Means.

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

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STANLEY CHANG, Chair