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HCHA April 9, 2019 <br /> about 300 acres which can accommodate maybe about 1000 to 200 units, right <br /> now we built only 91 . So there is a potential to build out more but the caution <br /> about that is that it lies in a FUDS area... <br /> Richards: okay. <br /> Gyotoku: ....and that has been the major stumbling block, even though you <br /> may not use federal funds there some safety health issues that the Department <br /> of Health has kinda like cautioned us a lot about so were working with the U.S. <br /> Army to get that area cleared. It has been cleared once, but it has to be <br /> cleared a second time and then they'll issue a, what we call a remedial action <br /> report from the U.S. Army and its...then its reviewed by the Department of <br /> Health who in turn issue a letter of no further action, but this is only for if the <br /> project is to receive any type of federal funds from HUD and those agencies, <br /> especially HUD. <br /> Richards: Okay, alright, so...and I...I know we've discussed that coming forward <br /> again we have the big need for housing and we've discussed that I think the <br /> numbers are 20,000+ units by, I think, 20... <br /> Gyotoku: that's for the State of Hawaii, I believe for Island of Hawaii it's about <br /> 9,000 affordable housing units by 2025. <br /> Richards: Okay. <br /> Gyotoku: I'd also like to say that we do have a revolving fund for Kamakoa. This <br /> is about 8 million dollars and we use that to do for the infrastructure for bring the <br /> roads and sewer and the water which is available in Waikoloa. But we use that <br /> and when we sell the homes part of the sale profits goes back into the revolving <br /> so that we can build some more housing. So this 8 million dollars came basically <br /> from the 91 previous sold units. If you folks give us some more money we can <br /> build more... <br /> Richards: Okay. Well that's where were going, cause we need housing and, you <br /> know, we've discussed some other workforce housing projects coming forward <br /> so with that I'll yield. Thank you. <br /> Eoff: Okay. Thank you. Mrs. LeeLoy. <br /> LeeLoy: Okay. Thank you Chair and working with what Mr. Richards is discussing, <br /> you know, that number of 79% of a rental assisted and vouchers being used on <br /> the eastside, I think its really critical that we look at strategies on getting more <br /> affordable units closer to where the jobs are. So with that that is my question, <br /> what are the strategies to get more units on the westside? I know you <br /> Page 10 of 22 <br />