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<br />County of Hawaii
<br />PROJECT DATA/FINANCIAL IMPACT STATEMENT
<br />Fiscal Year 2017 - 2018
<br />Communication No. 2018-07
<br />1. DEPARTMENT AND DIVISION: Office of Housing &Community Development, Community Development Division 2. DATE: 4/7/2017
<br />3. PROJECT NAME: Kamakoa Nui Workforce Housing Community Development 4. SUBMITTER: Neil S. Gyotoku
<br />5. COUNCIL BENEFIT DISTRICT(S): All 6. TMK/JUDICIAL: (3)6-8-042:001-021, (3)6-8-030:181-252/South Kohala
<br />7. LOCATION (COUNCIL DISTRICT): 9 8. TOTAL COUNTY FUNDS NEEDED THIS FY: $5,000,000
<br />9. CAPITAL PROJECT ELIGIBIILTY (List Criteria): 3) New buildings or structures 5) Planning, engineering, and design studies
<br />10. PROJECT/PROGRAM DESCRIPTION: Kamakoa Nui Community is a long awaited development serving the local work force population with affordable homes for purchase. The Kamakoa Nui
<br />Community is a Master Planned Community with a possibility of approximately 1,100 homes to be provided in the future. The current phase consisting of a total of 91 units will be completed in May
<br />2017. All mass grading and main trunk line infrastructure is completed. The funds would be used for the planning and design work, and some construction costs for Phase 6 which consists of affordable
<br />housing units including single family dwellings and/or multifamily rental complexes, interior roads/driveways, utility hook-ups, parking, and landscaping, and any other related costs necessary to
<br />11. PROJECT JUSTIFICATION & OUTCOME(S) (List all that apply): 6 (Enhances quality of life) - The County of Hawaii is successfully positioned to market and sell the workforce homes to families working
<br />in the proximity to the Community as the real estate market improves and to meet the continued growth on the Big Island as forecasted. The Hawaii State Department of Business, Economic
<br />Development, and Tourism has projected resident populations by County from 2005 - 2035. Hawaii County exhibits the highest projected growth rates statewide from 2010 - 2035. The annual growth
<br />rate from 2005 - 2010 was 1.4% while from 2010 - 2015 it is projected to be 2.5%. Growth continues from 2015 - 2020 at a rate of 2.1%. The intent is to meet the needs of our local workforce sector
<br />12. LONG RANGE PLANS/COMMUNITY VALUES: 1, 2 (County General Plan Sections 2.4.6, 2.4.6.2 (d) and 9.5.6, 9.5.6.2 (d)), 3 (South Kohala Community Plan), 4 (South Kohala Land Use Pattern Allocation
<br />Guide (LUPAG))
<br />13. COUNTY MATCHING FUNDS REQ'D? (Y/N)
<br />N
<br />DESCRIBE: II
<br />14. LEGAL MANDATE? (Y/N)
<br />[N
<br />DESCRIBE: 1[
<br />15. IMPACT ON OPERATIONAL BUDGET:Telephone service for realtor to sell homes, utilities for homes not yet sold, no additional staff needed to complete this project
<br />16. SUSTAINABILITY FOCUS (List all that apply):1, 2, 3, 7 - Kamakoa Nui Workforce Community will provide affordable workforce housing close to employment centers of the residents.
<br />17. PROJECT READINESS (List all that apply):1, 2 (more than half completed of Phase 5), 3, 4, 6, 7 - Site and infrastructure is completed and homes can be built as soon as funding becomes available.
<br />18. EXPENDITURE PHASING (X $1000):
<br />Prior Funds
<br />Allotted
<br />(not lapsed)
<br />This FY 17-18
<br />Request
<br />FY 18-19
<br />FY 19-20
<br />FY 20-21
<br />FY 21-22
<br />FY 22-23
<br />Beyond 6
<br />Years
<br />TOTAL:
<br />Planning
<br />1,000
<br />0
<br />$1,000
<br />Land Acquisition
<br />0
<br />0
<br />$0
<br />Design/Survey
<br />1,500
<br />0
<br />$1,500
<br />Construction
<br />2,500
<br />15,000
<br />$17,500
<br />TOTAL:
<br />$0
<br />$5,000
<br />$15,000
<br />$0
<br />$0
<br />$20,000
<br />19. 0 & M COSTS (x $1000):
<br />$0
<br />20. FUNDING SOURCE (x $1000):
<br />Cty G.O. Bond/Other
<br />5,000
<br />15,000
<br />$20,000
<br />State Revolving Fund
<br />$0
<br />State CIP
<br />$0
<br />Federal
<br />$0
<br />Private (Grants)
<br />$0
<br />CBA (Fair Share, Park Dedication, etc)
<br />$0
<br />TOTAL:
<br />$0
<br />$5,000
<br />$15,000
<br />$0
<br />$0
<br />$0
<br />$0
<br />$0
<br />$20,000
<br />
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