HI SCR143

Requests the Hawaii Housing Finance and Development Corporation to establish a Self-Help Housing Trust Fund Advisory Board to prepare for administration and operation of a self-help housing trust fund.

Advisory Board tasked with identifying target groups, developing grant/loan criteria and application processes, evaluating awards, determining sustainable funding sources, and preparing for fund administration.

Board composition includes representatives from eight existing self-help housing organizations (Habitat for Humanity, Self-Help Housing Corporation of Hawaii, Hawaii Island Community Development Corporation, Hawaii Intergenerational Community Development Association, Consuelo Foundation, Molokai Home Ownership Made E-ffordable Corporation, Hawaii County Economic Opportunity Council, and Lokahi Pacific), plus a Hawaii Housing Finance and Development Corporation representative and two additional members selected by other board members.

Requires the Advisory Board to submit findings, recommendations, and proposed legislation to the Legislature no later than twenty days before the 2011 Regular Session convenes.

Board dissolves upon adjournment of the 2011 Regular Session, with Hawaii Housing Finance and Development Corporation providing administrative support.