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possible. So that's the proposed language that we would like to suggest be included as part of
<br /> the Project District rezoning ordinance.
<br /> VITOUSEK: Are there any questions from Commissioners? [No response] My question, would
<br /> you be willing to specify a minimum number of units in the language of that condition?
<br /> FUKE: I think this would have to be, you know, discussed with the Office of Housing. I'll give
<br /> you an example, you know, I was kind of thinking about that, because when we talked to
<br /> Stanford, he was saying like maybe it's going to be hard to do all 142 or 200 units, whatever that
<br /> number ends up to be, in one - - -, and so I talked to Keith Kato, and this is, I guess it's, you can
<br /> make a master plan for all of the area, but pretty much you've got to phase it in, and so phase
<br /> now this is a 182-unit Mohouli project developed by the Hawaii Island Community
<br /> Development—the first phase consisted of 60 units, and that took them more than five years to
<br /> kind of complete, as I mentioned earlier, the second phase was 30 units, and that took him over
<br /> two years to complete, and the phase three was 92 units that took them over three years to
<br /> complete. So essentially, you know, you are looking at like almost like a 10-year window to
<br /> construct a 182-unit affordable housing project, senior housing that is. Now, in this situation,
<br /> what Mr. Carr had mentioned is that, you know, they would like to have at least first component
<br /> completed like within two or three years. What that component is, you know, whether it's going
<br /> to be like 100 units of 50 units, I have no idea. So I think it would be difficult at this point in
<br /> time to specifically state that you are going to have a minimum of 25 units available or whatever.
<br /> We would like to have that kind of be considered in conjunction with the Office of Housing
<br /> agreement.
<br /> VITOUSEK: I hear you on that, and not knowing the phasing but if we are establishing an
<br /> overall minimum where you said that the—it's been told to us repeatedly the minimum was,
<br /> what, 140-something units?
<br /> FUKE: One hundred and forty-two, that's based on the existing zoning.
<br /> VITOUSEK: Right.
<br /> FUKE: So, however, as Stanford had indicated that, you know, there is this process called 201H
<br /> as a State law, that's a provision in Section 201H, and basically it allows the County Council to
<br /> grant zoning exemptions for affordable housing projects along these lines. So Stanford's plan at
<br /> this point in time,preliminarily, is to seek an exemption of that such that they can raise the cap
<br /> on 142 to whatever that number is. So the 142
<br /> VITOUSEK: Okay, terrific
<br /> FUKE: Yeah, 142 is largely based on the applicant's representation because that's the existing
<br /> zoning, and we didn't want to, you know, affect any of the zoning, apply for any zone change in
<br /> that area.
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<br /> EXHIBIT D
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