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�(Y ai •• <br /> ` y•, Wil Okabe <br /> • '^ k¢i •• Managing Director <br /> Harry Kim .• ,. . <br /> Mayor • -._--aver, : <br /> -- Barbara J.Kossaw <br /> 40; e:•0 f Deputy Managing Director <br /> ILkuunt IIx l2ti1T2ttrt <br /> 1f@trr of tbs ICagor <br /> 25 Aupuni Street,Suite 2603 • Hilo,Hawaii 96720 • (808)961-8211 • Fax(808)961-6553 <br /> KONA. 74-5044 Ane Keohokalole Hwy,Bldg C • Kailua-Kona,Hawaii 96740 <br /> (808)323-4444 • Fax(808)323-4440 <br /> March 20, 2017 <br /> Representative Aaron Ling Johanson, Chair <br /> Committee on Labor & Public Employment <br /> Hawaii State Capitol <br /> Honolulu, HI 96813 <br /> Dear Chair Johanson and Members <br /> RE: SB 1105 SD 2, HD 1 <br /> Relating to Housing <br /> Please accept this testimony in support of SB1105, SD2, HD1, which is meant to <br /> help private developers create more affordable rental housing in Hawaii. <br /> The cost of housing has reached a point where too many of Hawaii's people are <br /> priced out of the market. That truism is often applied to the purchase price of housing, <br /> but the problem clearly applies to the rental market as well. <br /> SB1105, SD2, HD1 offers a way in which to make a dent in the cost of <br /> construction, which in turn will be reflected in the rental price of the constructed units. <br /> We therefore urge passage of SB 1105 with an early effective date. <br /> Respectfully submitted, <br /> Wil Okabe <br /> Managing Director <br /> County of Hawaii is an Equal Opportunity Provider and Employer <br />