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The Honorable Dr. Holeka Goro Inaba and Members of the County Council County of Hawaii September 15, 2025 Page 3 Since the ordinance's effective date of March 1, 2021, the applicant has completed key entitlement and infrastructure milestones, including subdivision and lot consolidation approvals, road dedication, water commitment deposits, and backflow preventer design/construction plan approvals. The applicant has also fulfilled cultural and environmental requirements, receiving approval on a Final Environmental Assessment and Finding of No Significant Impact (FEA-FONSI), receiving SHPD clearance and securing approvals for a solid waste management plan. As the project is a 100% affordable rental housing development, it has been granted fair share exemptions and finalized an affordable housing agreement with the Office of Housing and Community Development. Critical infrastructure components such as grading, drainage, and sewer system connection plans have been reviewed and approved by relevant County departments. Building and grading permits have been secured, financing applications have been submitted, and an updated purchase agreement has been executed with the landowner in preparation for construction. The Planning Department has received annual progress reports as required, and the documentation demonstrates continued good faith compliance. Based on the preceding, all ordinance conditions have been met or are in good standing, except for Condition D, which requires construction completion within five years (March 2026), which the applicant will not be able to meet. Due to delays related to affordable housing financing processes, the applicant is requesting an extension of the construction deadline from March 2026 to March 2031. The applicant anticipates securing the financing needed to construct the project in August 2025 and to begin construction in January 2026. Granting the time extension amendments would not be contrary to the General Plan or Zoning Code and the original reasons for granting the change of zone. The reasons for granting the original change of zone under Ordinance No. 10 32 and amended Ordinance No. 21 17 have not changed. Since the subject parcel was rezoned, there has not been any significant land use regulatory changes in this area. The current zoning (RM-1.5) continues to be consistent with Medium Density Urban (MDU) designation in the General Plan's Land Use Pattern Allocation Guide (LUPAG) map, which allows for a "Village and neighborhood commercial and single family and multiple family residential and related functions (multiple family residential -- up to 35 units per acre). "