Communication No. 2018-08- KCDP Amendments Subcommittee Report

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of median, provided that this provision shall be superseded by any subsequent amendment to Chapter 11 relating to Countywide standards for workforce housing. Policy HSG -4.3: Affordable Housing Floating Zone. In recognition of the critical affordable housing needs in Kona, a project that meets the following criteria shall qualify as an affordable housing floating zone:  The project is located in the Kona Urban Area;  The project area requiring rezoning totals less than 15 acres;  The project is served, will provide, or has commitments to provide all necessary infrastructure in a timely manner;  The project consists predominantly of residential uses and at least 80% of the residential units will be priced to be affordable;  The application includes a form of a declaration of covenants that requires 80% of all residential units built on the subject property to be affordable under the definition of HCC Chapter 11 Housing (including workforce), in which the declaration shall incorporate by reference the Affordable Housing Agreement referenced below and recorded upon rezoning approval;  The application includes a draft Affordable Housing Agreement setting forth the terms of sale or rent, resale restrictions, and other terms, which Agreement shall be finalized and executed between the applicant and the County Office of Housing and Community Development prior to enactment of the rezoning ordinance. A project meeting the above criteria entitles the applicant to the following:  The application shall be reviewed with a rebuttable presumption that the project furthers the intent of the zoning code and is consistent with the goals, objectives, policies, and action of the General Plan and the Kona CDP;  The application for State Land Use reclassification, as appropriate, shall be processed concurrently with the rezoning application;  The time period for the Director’s review and the Planning Commission’s review shall be 60 days, respectively;  The project shall be exempt from fair share (or impact fees) conditions;  If 100% affordable, the project in concurrence with the Design Center may preempt planning standards pursuant to HRS Section 46-15;  The project may qualify for any available subsidies from the County, Kona Housing Trust Fund, or other sources to pay, in whole, or in part the water commitment fees.