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COM 0074.000 2024-2026
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COM 0074.000 2024-2026
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Last modified
1/27/2025 2:50:19 PM
Creation date
1/9/2025 9:50:35 AM
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Communications
Communications - Type
COM
Communications - Council Term
2024-2026
Communication
0074
Point
000
Author
Kehaulani M. Costa, Housing Administrator
Communications - Referred To
LAAC
Document Relationships
AGE COUNCIL 2025-02-05 2024-2026
(Related To)
Path:
\Council Records\Agendas\2024-2026\Council
AGE LAAC 2025-01-21 2024-2026
(Related)
Path:
\Council Records\Agendas\2024-2026\Legislative Approvals and Acquisitions Committee (LAAC)
REP LAAC 003 2025-01-21 2024-2026
(Related)
Path:
\Council Records\Reports\2024-2026\Legislative Approvals and Acquisitions Committee (LAAC)
RES 051 Draft 01 2024-2026
(Related To)
Path:
\Council Records\Resolutions\2024-2026
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III. Hawaii Housing Finance and Development Corporation <br /> 201H Application Form <br /> Summary Sheet <br /> INFORMATION: <br /> APPLICANT NAME: Hualalai Court, LLC <br /> PROJECT NAME: Hualalai Court <br /> II. 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* Number of units Percent of total units <br /> 80%of AMGI 21 units 20 % <br /> 100% of AMGI 83 units 80% <br /> %of AMGI units % <br /> %of AMGI units % <br /> Total Affordable Units 104 units 100% <br /> Market Rate Units 0 units % <br /> Total Number of Units 104 units 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 <br /> accordance with the applicable ordinances. <br /> 51 Years <br /> IV. Occupancy Type <br /> Indicate the number of units allotted for each of the following: <br /> Family 104 Elderly* Homeless <br /> Tenants with Special Housing Needs <br /> (Refer to the definition of Elder or Elderly Households as defined in Act 64, Session Laws of <br /> Hawaii 2002. Describe the Special Housing Need of the tenants below) <br /> Form 201H-001,01/29/2021 Page 12 <br />
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