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LAAC-6 Page 2 January 21, 2025 <br />Committee Member Rebecca Villegas appreciated the donation, the vision, and the need for workforce <br />housing and highlighted the concern of the future affordability of the project and how to keep it in the <br />affordable inventory. Mr. Kato stated the possibility of a 15-year affordability period. Ms. Villegas <br />commented that it was not long enough and noted a focus is needed for a regenerative affordable <br />housing process with this project. <br />Committee Chair Heather Kimball commented that she supports the project and stated the term <br />affordability must be specifically defined, with the opportunity for families to build personal wealth <br />with said property, and suggested deed restrictions on any sale to indicate it must be to local residents <br />within the affordable area median income percentage identified by the County within an identified <br />timeframe, to provide continual accessible and attainable workforce housing for the future. Ms. <br />Kimball further stated that she would like to see the longevity of this affordable self-help housing <br />project for future generations, since the longevity of the agricultural land will be lost once subdivided. <br />Committee Member Holeka Goro Inaba offered to assist Ms. Kimball with amendments related to the <br />term affordability. <br />Your Committee on Legislative Approvals and Acquisitions is in accord with the purpose and intent of <br />Bill No. 17, and recommends its passage on first reading. <br />AYES <br />NOES <br />ABS <br />EX <br />GALIMBA <br />X <br />HUSTACE <br />X <br />INABA <br />X <br />KAGIWADA <br />X <br />KANEALI`I-KLEINFELDER <br />X <br />KIERKIEWICZ <br />X <br />KIMBALL <br />X <br />ONISHI <br />X <br />VILLEGAS <br />X <br />Respectfully submitted, <br />COMMITTEE ON LEGISLATIVE <br />APPROVALS AND ACQUISITIONS <br />LAAC REPORTNO.: • <br />ADOPTED:FEB t 5 2025 <br />