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support the Applicant and their position, they are a proven affordable housing developer in the <br /> State of Hawaii. So, Mr. Rock will be making the presentation on behalf of the Applicant. <br /> RAFFIPIY: Thank you ma'am, Mr. Rock go ahead. <br /> ROCK: Can I confirm, I may ask is it 3 minutes for an introduction or for the entire discussion? <br /> RAFFIPIY: Mr. Rock, I take it back, go ahead and make your presentation. <br /> ROCK: Alright, thank you very much. My names is James Rock, I am here on behalf of Ikaika <br /> Ohana. We are the developers proposing the project Kaiaulu O Kapi`olani. Few things I do <br /> want to thank everybody for having us here today and I do want to thank the Planning <br /> Department. It's been a pleasure working with them thus far on the project. I understand we <br /> have a few disagreements currently in the recommendations but overall, it's been great to work <br /> with them. <br /> A way of quick background, Ikaika Ohana is a mission driven affordable housing developer. We <br /> currently have about a hundred and eight, a hundred and eighty (180) affordable housing units <br /> within the County. Last week we secured all of the financing for sixty (60) single family homes <br /> in Kona that are going to start construction this week. We have another project in Waikoloa <br /> that's an additional 60-units that we hope to start construction in the first quarter of next year. <br /> As far as the proposed project, in general there is a couple of things we would like to highlight. <br /> The first is that for affordable housing we can use affordable housing as a tool to help address <br /> issues within the County. Some of these issues will be directly discussed in this presentation but <br /> overall, our view of the world is that affordable housing can be a net contributor. We can make <br /> our residents better, we can make our neighborhoods better, and we do encourage just the <br /> feedback and participation with the various groups to make the project the best project possible. <br /> For our project, the way that we've looked at our site we try to take holistic approach. We do <br /> want to balance multiple concerns both the number of units that we are able to provide but also <br /> parking requirements, open space, landscaping, the livability of the site and the tenant <br /> experience. There are a lot of factors that we consider and so, when we start working on our <br /> development it is a balancing act. It is input from multiple parties, it's review processes from <br /> multiple agencies, State, Federal, County, and so bring in all of these things together into a <br /> successful development. It does take time, it takes consideration, and it's a pretty deliberate <br /> process. <br /> So, ultimately what we kind of a goal for this is that for affordable housing development what we <br /> would like to do is maintain flexibility where possible. So, that as we go through the process of <br /> formalizing our designs and coming up with sort of the final plans. We do want to have room so <br /> that we can make practical adjustments so that the project can still move forward. The County <br /> still can get the 64-units of affordable housing that it desperately need, and that we don't <br /> necessarily have to over burden the Planning Commission or any of the other groups and coming <br /> back for repeat approvals. So that if something is described with the hard and fast rule today it <br /> EXHIBIT A <br /> 8 <br />