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i I I COUNTY OF HAWAIII STATE OF HAWAVI ,ra OF Nad' I r) RESOLUTION NO. a A RESOLUTION AUTHORIZING THE EXEMPTION F CERTAIN CODE REQUIREMENTS, PURSUANT TO SECTION20111-38 OF THE HAWA161 VISE STATUTES,FOR THE HALE OLA 0 MOHOULIALE HOUSING PROJECT I L A ` , COVERED Y TAX MAP KEY (3)2-4-001:168 WHEREAS,the Hawaii Island Community Development Corporation ("DEVELOPER") is proposing to build an affordable housing project called Hale Ola O Mohouli (hereinafter"PROJECT") on land dedicated for that purpose and transferred to the County of Hawaii ("COUNTY")by Gubernatorial Executive Order 4531, identified as Tax Map Key (3) 2-4-001:168,to provide for elderly and/or affordable rental housing and related public purposes; and WHEREAS,the Hawaii County Council, by way of Resolution No. 476-18 authorized the Director of Finance to negotiate a seventy-five year lease with the DEVELOPER, a non- profit Hawaii corporation, for the development of senior and family affordable rental units; and WHEREAS, the DEVELOPER, has extensive experience developing affordable housing for low and moderate income households and has successfully developed 278 low-income rental units, 174 subdivision lots, and 331 mutual self-help housing units on Hawaii island; and WHEREAS,the DEVELOPER now proposes to build the PROJECT utilizing a Pocket Neighborhood concept where low rise structures, often single-family dwellings, are clustered around common green areas to promote frequent interactions among the residents to create a sense of community; and WHEREAS,the PROJECT will build 90 rental units serving households earning 60% of the adjusted medium incomes and below, a community center,play space, storage lockers, parking, and gardening areas on 9.09 acres of land; and WHEREAS, the Ordinance 22-20 changed the state land use boundary maps by changing the district classification from agriculture to urban; and WHEREAS, the PROJECT in February 2022 has been awarded eighteen Project Based Vouchers for households earning at or below 60% of the adjusted median income; and WHEREAS,the DEVELOPER,through good-faith efforts has deposited $500,000 in funds with the County to support the installation of a future traffic signal and other road mitigation efforts for their development; and WHEREAS,the DEVELOPER now wishes to continue development of the PROJECT, and is requesting certain exemptions provided in Exhibit"1"attached hereto; and