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v.os p COUNTY OF HAWAII STATE OF HAWAII BILL NO. 28 ORDINANCE NO. ( DRAFT 2 ) AN ORDINANCE AMENDING CHAPTER 11, HAWAII COUNTY CODE 1983 (2005 EDITION, AS AMENDED), RELATING TO AFFORDABLE HOUSING POLICY. BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAII: SECTION 1. Chapter 11, article 1, section 11 -5, of the Hawaii County Code 1983 (2005 Edition, as amended) is amended to read as follows: "Section 11 -5. Satisfaction of affordable housing requirements. (a) The developer may satisfy the affordable housing requirements by doing any of the following: (1) Construct affordable for -sale units on -site; (2) Construct affordable finished lots on -site, but only if the entire project consists of finished lots; (3) Construct affordable for -sale units off -site, but within a fifteen -mile radius of the project site; (4) Construct affordable rental units on -site, or off -site, within a fifteen -mile radius of the project site; (5) Pay in -lieu fees to the Agency; (6) Provide developable land, within a fifteen -mile radius of the project site, with a value determined by appraisal, that shall be credited against the in -lieu fee; (7) Provide infrastructure, within a fifteen -mile radius of the project site, that shall be credited against the in -lieu fee. Any infrastructure provided must be directly related to the future provision of affordable housing; (8) With the approval of the administrator, construct housing on -site or off -site, that addresses a critical regional housing need, at least equivalent to satisfying the requirements of any sub - sections (1) -(4) above, provided that the project must be located within the allowable areas for in -lieu fees under sec. 11 -12; (9) Obtain excess credits from another developer pursuant to sec. 11 -15. (b) The affordable unit or finished lot shall be completed with road access, drainage, water, electricity, sewer lines, if required, and telephone, and, in the case of finished lots, shall not have unusual site conditions that make it difficult to build a home. (c) Affordable housing credits. The developer shall earn affordable housing credits as follows: (1) Sale of completed dwelling units affordable for qualified households earning 120- 140% of median: 0.5 credit per unit; (2) Sale of completed dwelling units affordable for qualified households earning 100- 120% of median: 1.0 credit per unit;