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COM 0698.000 2022-2024
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COM 0698.000 2022-2024
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Last modified
2/12/2024 3:58:52 PM
Creation date
1/29/2024 1:41:42 PM
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Communications
Communications - Type
COM
Communications - Council Term
2022-2024
Communication
0698
Point
000
Author
Susan K. Kunz, Housing Administrator
Communications - Referred To
LAAC
Document Relationships
AGE COUNCIL 2024-02-21 2022-2024
(Related To)
Path:
\Council Records\Agendas\2022-2024\Council
AGE LAAC 2024/02/07 (2022-2024)
(Related)
Path:
\Council Records\Agendas\2022-2024\Legislative Approvals and Acquisitions Committee (LAAC)
REP LAAC 051 2024-02-07 2022-2024
(Related)
Path:
\Council Records\Reports\2022-2024\Legislative Approvals and Acquisitions Committee (LAAC)
RES 427 Draft 01 2022-2024
(Related To)
Path:
\Council Records\Resolutions\2022-2024
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1. Hawaii Housing Finance and Development Corporation <br />201H Application Form <br />Summary Sheet <br />I. INFORMATION: <br />APPLICANT NAME: Kuakini Heights Housing Partners LP <br />PROJECT NAME: Kuakini Heights <br />H. Income and Affordability Restrictions <br />Applicant commits to set-aside units based on the following income and affordability restrictions. <br />Complete the chart below. <br />Affordable Units <br />Restricted at % of AMGI* <br />Number of units <br />Percent of total units <br />30 % of AMGI <br />5 units <br />2.5% <br />60 % of AMGI <br />95 units <br />47.8% <br />% of AMGI <br />units <br />% <br />Total Affordable Units <br />100 units <br />Market Rate Units 97 units <br />49.7% <br />Total Number of Units <br />197 units <br />100% <br />*AMGI = Average Median Gross Income <br />III. Length of Affordability Commitment <br />How long will your project commit to affordability restrictions and program compliance? <br />Please note that each County may have specific affordability terms that should be adhered to in accordance <br />with the applicable ordinances. <br />61 Years — 100 Rental Apartments <br />0 Years — 97 Single Family Market Rate Homes <br />IV. Occupancy Type <br />Indicate the number of units allotted for each of the following: <br />Family 197 Elderly* Homeless <br />Tenants with Special Housing Needs <br />Form 201H-001, 07/06/2023 Page i <br />
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