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JNt-4 Of N,�Y <br />COUNTY OF HAWAI`I STATE OF HAWAI`I <br />art OF•H�� <br />BILL NO. 39 <br />ORDINANCE NO. <br />AN ORDINANCE AMENDING CHAPTER 19, ARTICLE 1, SECTION 19-2, AND <br />ARTICLE 7, SECTION 19-53, OF THE HAWAI`I COUNTY CODE 1983 (2016 <br />EDITION, AS AMENDED), RELATING TO THE AFFORDABLE RENTAL HOUSING <br />REAL PROPERTY TAX CLASSIFICATION. <br />BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAI`I: <br />SECTION 1. Chapter 19, article 1, section 19-2, of the Hawaii County Code 1983 <br />(2016 Edition, as amended), is amended by repealing the definition of "affordable rental <br />housing" to read as follows: <br />SECTION 2. Chapter 19, article 1, section 19-2, of the Hawaii County Code 1983 <br />(2016 Edition, as amended), is amended by amending the definition of "affordable rental rate" to <br />read as follows: <br />""Affordable'rental rate" [is] means a monthly rent not to exceed [seventy <br />per-eei4 of the P,,t,,. e ftt r+a a.,,.&] the most recent affordable rental guidelines for eighty <br />percent of the area median income of the County as established by the [ ffiee of he . <br />afld eammunity development as of the first of Ja-nuafy eaeh] Hawai`i housing <br />finance and development corporation." <br />SECTION 3. Chapter 19, article 7, section 19-53, of the Hawaii County Code 1983 <br />(2016 Edition, as amended), is amended by amending subsection (h) to read as follows: <br />"(h) Eligibility for affordable rental housing class. <br />(1) [Real <br />ramust be legally r ,-.hied by all eades.] Real property that is used for <br />residential rental purposes shall be eligible for the affordable rental housing <br />class, provided that all rental units thereon are rented at the affordable rental <br />rate. <br />