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eeSMy-4 of N,?y <br /> COUNTY OF HAWAIII _• STATE OF HAWAII <br /> .tf4•i Ma MOf•*1� ,. <br /> ,rf GF•NF�N <br /> RESOLUTION NO. 241 21 <br /> A RESOLUTION URGING THE OFFICE OF HOUSING AND COMMUNITY <br /> DEVELOPMENT TO CONDUCT A STUDY ON THE COUNTY'S INCLUSIONARY <br /> ZONING POLICIES, PURSUANT TO SENATE RESOLUTION NO. 3, AND TO <br /> DEVELOP A STRATEGIC ROADMAP FOR HOUSING DEVELOPMENT ON <br /> HAWAII ISLAND. <br /> WHEREAS, on March 31, 2021, the Hawaii State Senate of the Thirty-First Legislative <br /> Session adopted Senate Resolution No. 3 (S.R. No. 3), attached hereto as "Exhibit A"; and <br /> WHEREAS, the purpose and intent of S.R. No. 3 is to request the counties to study how <br /> inclusionary zoning impacts each county's housing supply; and <br /> WHEREAS, the term "inclusionary zoning" is a housing policy that requires a certain <br /> percentage of units in new residential developments to be priced as affordable for buyers at the <br /> low to moderate income level; and <br /> WHEREAS,the purported benefits of inclusionary zoning include strengthening <br /> communities, stimulating economic development, supporting "smart growth"principles, <br /> enhancing economic and racial integration, overcoming NIMBY-ism (not in my backyard), and <br /> offering a predictable and level playing field to developers; and <br /> WHEREAS, certain research on inclusionary zoning policies over the last decade <br /> indicates that inclusionary zoning may actually be having an adverse impact, reducing the <br /> amount of affordable housing available in the affected area; and <br /> WHEREAS, this unintended consequence results from, among other factors, developers <br /> building high-rent housing in the same project to subsidize the affordable housing units, or <br /> developers choosing not to build in inclusionary zoning areas; and <br /> WHEREAS, in 2019, the State Department of Business, Economic Development, and <br /> Tourism released the Hawaii Housing Planning Study (prepared by SMS Research& Marketing <br /> Services, Inc.), which found that from 2020-2025 the demand for additional housing units is <br /> 22,168 units for the City and County of Honolulu, 13,303 units for Hawaii County, 10,404 units <br /> for Maui County, and 4,281 units for Kauai County; and <br />