HI SR35

Urges the Hawaii Public Housing Authority to pursue public-private partnerships to modernize federal public housing projects owned and operated by the Authority.

Notes that 400 to 600 units cannot be rented due to uninhabitable conditions, and 11 of 65 federal projects failed 2010 inspections with scores of 59 or below.

Identifies the Kuhio Park Terrace federal public housing project as a successful example of public-private partnership modernization.

References HUD's Capital Fund Financing Program, which allows public housing authorities to borrow against future capital fund allocations for modernization.

References HUD's Rental Assistance Demonstration Program, which allows conversion of federal public housing properties to Section 8 voucher or rental assistance projects to leverage private investment with federal subsidies.