STAND. COM. REP. NO. 215
Honolulu, Hawaii
, 2013
RE: H.B. No. 795
Honorable Joseph M. Souki
Speaker, House of Representatives
Twenty-Seventh State Legislature
Regular Session of 2013
State of Hawaii
Sir:
Your Committee on Housing, to which was referred H.B. No. 795 entitled:
"A BILL FOR AN ACT RELATING TO THE HOUSING LOAN AND MORTGAGE PROGRAM,"
begs leave to report as follows:
The purpose of this bill is to update the Hula Mae Single Family mortgage loan program by:
(1) Eliminating certain eligibility criteria to allow more families to participate;
(2) Including down payment assistance as a new feature of the program; and
(3) Deleting provisions that relate to inactive programs.
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. 795 and recommends that it pass Second Reading and be referred to the Committee on Consumer Protection & Commerce.
Respectfully submitted on behalf of the members of the Committee on Housing,
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____________________________ RIDA T.R. CABANILLA, Chair |
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