STAND. COM. REP. NO. 2143

Honolulu, Hawaii

RE: S.B. No. 2066

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 S.B. No. 2066 entitled:

"A BILL FOR AN ACT RELATING TO HOUSING,"

begs leave to report as follows:

The purpose and intent of this measure is to require certain projects meeting the criteria of section 201H-38(a)(1), Hawaii Revised Statutes, to be exclusively for sale or rent to occupants who are Hawaii residents who own no other real property.

Your Committee received testimony in support of this measure from Church of the Crossroads.

Your Committee received comments on this measure from the Department of Land and Natural Resources and Hawaii Housing Finance and Development Corporation.

Your Committee finds that Hawaii currently has an affordable housing shortage. Lack of affordable housing has contributed to an increasing number of residents of the State moving to other states in search of more affordable housing options, and wealthy residents of other states pricing out local families. This measure aims to combat such issues by requiring certain housing projects be made available only to State residents who own no other real property.

Your Committee has amended this measure by requiring certain projects meeting the criteria of section 201H-38(a)(1), Hawaii Revised Statutes, to instead be made available exclusively for sale or rent to qualified residents as defined in section 201H-32, Hawaii Revised Statutes, who are deemed to be moderate income households.

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 S.B. No. 2066, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 2066, S.D. 1, and be referred to your Committee on Judiciary.

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

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STANLEY CHANG, Chair