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COUNTY OF HAWAII <br />STATE OF HAWAII <br />BILL NO. 226 <br />ORDINANCE NO. <br />AN ORDINANCE AMENDING CHAPTER 11, HAWAII COUNTY CODE 1983 (2005 <br />EDITION, AS AMENDED), RELATING TO AFFORDABLE HOUSING POLICY. <br />BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAII: <br />SECTION 1. Chapter 11, article 1, section 11 -5 of the Hawai`i County Code 1983 (2005 <br />Edition, as amended) is amended to read as follows: <br />"Section 11 -5. Satisfaction of affordable housing requirements. <br />(a) The developer may satisfy the affordable housing requirements by doing any of the <br />following: <br />(1) Construct and sell affordable for -sale units on -site; <br />(2) Construct and sell affordable finished lots on -site, but only if the entire project consists <br />of finished lots; <br />(3) Construct and sell affordable for -sale units off -site, but within a fifteen -mile radius of <br />the project site; <br />(4) Construct and rent affordable rental units on -site, or off -site, within a fifteen -mile <br />radius of the project site; <br />(5) Convey to the County or, at the County's direction to a non - profit entity, developable <br />land within a fifteen -mile radius of the project site. The [ value of the ] land to be <br />conveyed shall be [ : - ] acceptable to and approved <br />by the OHCD, with availability of road access, water, electricity, telephone service and <br />without unusual site conditions that make it difficult to build a home, to accommodate <br />the number of homes [ 100% of the sales price of the affordable ] the <br />developer would be required to provide if its required credits were earned by selling <br />completed dwelling units to households with a family size of four earning 110% of <br />median income per section 11 -7(a); developers conveying finished lots with road <br />access, drainage, water, electricity and sewer when sewer lines are available, shall be <br />entitled to a 50% reduction of the affordable housing requirement. <br />(6) Convey to the County or, at the County's direction to a non - profit entity, infrastructure <br />within a fifteen -mile radius of the project site. The value of the infrastructure to be <br />conveyed shall be determined by appraisal and shall be not less than 100% of the sales <br />price of the affordable homes that the developer would be required to provide level if <br />its required credits were earned by selling completed dwelling units to households with <br />a family size of four earning 110% of median income per section 11 -7(a). Any <br />infrastructure provided must be directly related to the future provision of affordable <br />housing; <br />(7) Obtain excess credits from another developer pursuant to section 11 -15. <br />