Bill Text: HI HB2435 | 2010 | Regular Session | Introduced
Bill Title: Construction Task Force; County Housing Requirements; Temporary Relief
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2010-02-24 - (H) The committee(s) recommends that the measure be deferred. [HB2435 Detail]
Download: Hawaii-2010-HB2435-Introduced.html
HOUSE OF REPRESENTATIVES |
H.B. NO. |
2435 |
TWENTY-FIFTH LEGISLATURE, 2010 |
|
|
STATE OF HAWAII |
|
|
|
|
|
|
||
|
A BILL FOR AN ACT
relating to housing.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. The legislature finds that state and city and county of Honolulu affordable and workforce housing requirements often result in significant delays prior to the start of construction. Some requirements are so onerous that in certain circumstances, the requirements prevent affordable and workforce housing from being built.
Senate Concurrent Resolution No. 132, S.D. 1 (2009) established a task force to determine the economic contributions of the construction industry in Hawaii. As directed in the concurrent resolution, the task force has developed a series of proposals for state actions to preserve and create new jobs in the local construction industry. The intent of this Act is to implement one of the task force's proposals.
Accordingly, the purpose of this Act is to provide temporary relief from county requirements to stimulate housing construction statewide.
SECTION 2. Section 46-15.1, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:
"(a) Any law to the contrary
notwithstanding, any county shall have and may exercise the same powers,
subject to applicable limitations, as those granted the Hawaii housing finance
and development corporation pursuant to chapter 201H insofar as those powers
may be reasonably construed to be exercisable by a county for the purpose of
developing, constructing, and providing low- and moderate-income housing;
provided that no county shall be empowered to cause the State to issue general
obligation bonds to finance a project pursuant to this section; provided
further that county projects shall be granted an exemption from general excise
or receipts taxes in the same manner as projects of the Hawaii housing finance
and development corporation pursuant to section 201H-36; and provided further
that section 201H-16 shall not apply to this section unless federal guidelines
specifically provide local governments with that authorization and the
authorization does not conflict with any state laws[.]; and provided
further that the county affordable and workforce housing shall be reduced by
forty per cent. The powers shall include the power, subject to applicable
limitations, to:
(1) Develop and construct dwelling units, alone or in partnership with developers;
(2) Acquire necessary land by lease, purchase, exchange, or eminent domain;
(3) Provide assistance and aid to a public agency or other person in developing and constructing new housing and rehabilitating existing housing for elders of low- and moderate-income, other persons of low- and moderate-income, and persons displaced by any governmental action, by making long-term mortgage or interim construction loans available;
(4) Contract with any eligible bidders to provide for construction of urgently needed housing for persons of low- and moderate-income;
(5) Guarantee the top twenty-five per cent of the principal balance of real property mortgage loans, plus interest thereon, made to qualified borrowers by qualified lenders;
(6) Enter into mortgage guarantee agreements with appropriate officials of any agency or instrumentality of the United States to induce those officials to commit to insure or to insure mortgages under the National Housing Act, as amended;
(7) Make a direct loan to any qualified buyer for the downpayment required by a private lender to be made by the borrower as a condition of obtaining a loan from the private lender in the purchase of residential property;
(8) Provide funds for a share, not to exceed fifty per cent, of the principal amount of a loan made to a qualified borrower by a private lender who is unable otherwise to lend the borrower sufficient funds at reasonable rates in the purchase of residential property; and
(9) Sell or lease completed dwelling units.
For purposes of this section, a limitation is applicable to the extent that it may reasonably be construed to apply to a county."
SECTION 3. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 4. This Act shall take effect upon its approval and shall be repealed on December 31, 2015, and section 46‑15.1(a), Hawaii Revised Statutes, shall be reenacted in the
form in which it read on the day before the approval of this Act.
INTRODUCED BY: |
_____________________________ |
|
|
Report Title:
Construction Task Force; County Housing Requirements; Temporary Relief
Description:
Granting temporary relief from county housing requirements as recommended by the construction industry task force to stimulate housing construction statewide.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.