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Housing Priorities + Basis for assienina Driorities - The unmet need for housing for all households earning <80% of the MFI is large. Government subsidies are needed to produce housing that is affordable to these target households. The "Gap" between the cost of housing (for sale & rental) and the ability of families to pay for shelter remains challenging. Therefore, all housing for income levels of 0 -30 %, 31 -50% and 51 -80% of MFI is of high priority in the County of Hawai "i, + 0bbstaeles - The major obstacles of producing affordable housing are the lack of financial resources and the lack of infrastructure. The County hopes to leverage other sources of funds (i.e. USDA, State, other Federal, and private) by providing federal funds to subsidize the cost of housing. In addition, the availability and the ability to acquire land suitable for housing and community acceptance of affordable housing projects may also be an obstacle. • General priorities for allocating federal fiends geographically - The County does not allocate its federal funds geographically. A request for proposal process is used to allocate funds to activities. • General priorities for allocating federal fiends - The request for proposal process for the HOME and CDBG funds is designed to assign points to various criteria. One of the criteria is the consistency with the County's CP and its priorities. Projects that address the high priority activities will be awarded higher points than medium or low priority projects. • rationale for establishing,_ relative priori y needs - The County has given a high priority to all the categories in Chart 2. An effective housing program that address all the households earning <80% of the MFI is necessary to help alleviate the housing crisis. + Analysis to determine relative pLiori!y for each need cats o - Rents remain un- affordable, while households are burdened by high rates of unemployment and decreasing benefits. The limited development and existing inventory of subsidized government housing has created a need for affordable housing. + Characteristics of housing market - Please refer to Section V Housing and Market Analysis of the characteristics of the housing market. + Severity of housing roblems - As stated in the Goals Section, Hawaii County is in a Housing Crisis. More affordable housing is needed. Please refer to Section III for data on the housing obstacles. 20 1414 CP Final 17 0