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<br /> Honorable Pete Hoffmann, Chair & Presiding Officer <br /> And Members of the County Council <br /> <br /> COUNTY COUNCIL <br /> <br /> County of Hawaii <br /> Page 2 <br /> March 20, 2007 <br /> for a restaurant, it will not trigger affordable housing. So the developer does not want to <br /> satisfy affordable housing for all the lots at the time of subdivision. Allowing the <br /> developer to satisfy for some lots means that the developer can market those lots to <br /> purchasers who otherwise would have to provide affordable housing. <br /> Second, it reduces the requirement to one housing credit per ten employees, versus one to <br /> four employees if the affordable housing requirement is satisfied later. This is an <br /> additional incentive to satisfy affordable housing requirements at the time of subdivision. <br /> Administratively, it is simpler if the affordable requirements are satisfied at the time of <br /> subdivision approval rather than as businesses move into the individual lots. <br /> Sincerely <br /> CHRISTOPHER J. YUE <br /> Planning Director <br /> CJY:pak <br /> Wpwin60/Chris 07 -Hoffmann -Bill 156 -Affordable Housing <br /> cc: Mayor Harry Kim <br /> Housing and Community Development <br /> <br />