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November 29, 2018 <br /> Page 2 <br /> • Our island was facing an affordable housing and homelessness crisis before the <br /> disasters, and now conditions are worse. <br /> • The County's annual operating budget is only $500M, which is a fraction of the <br /> disaster impacts and the costs of recovery. <br /> Please also understand that lava is very different from a storm or a flood. <br /> Recovery is not simply a matter of clearing roads, cleaning-up property, and restoring <br /> power. Many of our losses are permanent: <br /> • Over 8,000 acres were inundated by lava. That lava is now rock that is hundreds <br /> of feet thick in some areas and covers entire neighborhoods, farms, a school, <br /> beloved cultural sites, recreational destinations, roadways, water systems, and <br /> large portions of the electrical grid. <br /> • 700+ homes were destroyed totaling over $100M in property losses. <br /> • 3,000+ parcels were destroyed or made inaccessible, translating into $5M in <br /> annual real property tax revenue losses. <br /> • A 38 megawatt geothermal plant shut down and was isolated, resulting in the <br /> loss of 1/3 of the County's power production and half of its renewable energy <br /> portfolio. <br /> • Economic impacts are in the $100s of millions, including an unprecedented 134- <br /> day closure of Hawaii Volcanoes National Park, our largest tourist attraction and <br /> economic engine. <br /> To recover, we have to mitigate the effects of future eruptions by relocating and <br /> rebuilding entire communities, making them stronger and more resilient. <br /> FEMA and SBA have been fantastic partners in recovering from the disasters. <br /> However, we need additional assistance for the very long and expensive road ahead. <br /> We need community development funds for land acquisition, redevelopment, and <br /> related infrastructure costs, which cannot be funded by FEMA programs but are ideal <br /> for the HUD CDBG-DR program. By our calculations, assuming interim State support, <br /> we need upwards of$350 million in CDBG-DR assistance to fully recover and <br /> rebuild as a more resilient community. <br /> We are told that allocations based on HUD's CDBG-DR formula are far below <br /> that amount. But we are also told that you have the discretion to consider equity and <br /> other factors when making CDBG-DR allocations. With that in mind, I am asking for <br /> your help. <br /> County of liawat i is an Equal Opportunity Provider and Employer <br />