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I a. Employment and Affordable Prices 28 <br /> b. Affordable units in the current housing stock 29 <br /> III. HOUSING FORECASTS, 2015-2025 32 <br /> A. HOUSING SUPPLY 32 <br /> 1 Modeled Supply 32 <br /> B. HOUSING DEMAND 32 <br /> 1. Modeled Demand Assumptions 33 <br /> 2. Demand Estimates 33 <br /> 4 I C. NEEDED UNITS BY INCOME LEVEL 34 <br /> 1. Types of Units Needed 37 <br /> I 2. Units for Elderly Housing 38 <br /> IV. HOUSING ISSUES 40 <br /> I A. HOUSING THE MILITARY 40 <br /> 1. Military Population 40 <br /> 2. Military Housing 41 <br /> I3. Basic Allowance for Housing 41 <br /> B. HOMELESSNESS IN HAWAII 44 <br /> 1. Definition 45 <br /> I <br /> 2. Homeless Persons and Families 45 <br /> 3. Homeless Persons Served 48 <br /> I a. Numbers 48 <br /> b. Characteristics 48 <br /> 4. Hidden Homeless 49 <br /> I5. Risk of Homelessness 50 <br /> 6. Homeless Strategy 51 <br /> a. A Planning Application 53 <br /> Ib. A Note on Funding 54 <br /> C. TOURISM AND HOUSING 55 <br /> I 1. Traditional Relationship 55 <br /> 2. Foundational Data 56 <br /> 3 Recent Research 58 <br /> I a. Estimating VRU from Visitor Data 58 <br /> b. Estimating VRUs from Survey Data 58 <br /> c. Adjusting the Estimates 59 <br /> I <br /> 4. Impact on Housing 60 <br /> a. Housing Unit Counts 60 <br /> b. Units Used for Visitor Rental 60 <br /> I c. The Shared Economy 60 <br /> d. Impact on Residential Rents 60 <br /> D. SPECIAL NEEDS HOUSING IN HAWAII 63 <br /> I1. Demand for Special Needs Housing 63 <br /> a. Economic Barriers to Accessing Housing 63 <br /> IHawai'i Housing PlanningStudy,2016 Page Y iv <br /> ©SMS, Inc December,2016 <br /> 1 <br />