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HomeMy WebLinkAboutCOM 0595.022 2020-2022 OF ii; WA i Kohabe'l . flu FES H 41- 102 February 2, 2022 Councilmember Ashley Kierkiewicz,Chair Councilmember Rebecca Villegas,Vice Chair Hawaii County Council Committee on Planning Hawaii County Building 25 Aupuni Street Hilo, HI 96720 RE: Support for Bill 112 and Bill 115-Waikoloa Land Company's Kumu Hou Project—Affordable Workforce Housing Dear Chair Kierkiewicz,Chair Villegas and Members of the Hawaii County Council Committee on Planning, The Kohala Coast Resort Association (KORA) is in full support of the affordable housing component of Waikoloa Land Company's Kumu Hou project,addressed in Bill 112 and Bill 115.To the best of our knowledge, Kumu Hou will be the first affordable workforce housing project located directly within a resort's footprint. With more than 48%of our island residents living in households that the Aloha United Way identifies as Asset Limited, Income Constrained, Employed (ALICE),there is a dire need for public and private partners to step up to address our affordable housing challenge. Though they have already fulfilled the affordable housing requirements for their development,Waikoloa Land Company is proposing no less than an additional 140 affordable workforce rental housing units,to be constructed during the first phase of the Kumu Hou project. The KCRA has been a staunch supporter of affordable workforce housing projects throughout Hawaii Island.We serve on Vibrant Hawaii's Housing Coalition,and have also supported the Planning Department's efforts to amend zoning and building codes to find creative solutions to address our affordable housing needs. KCRA members employ 5,000 people,supporting 20,000 Hawaii Island residents at their hotels,timeshares, restaurants,retail outlets,golf courses and spas.Additionally,in 2022,KCRA members will pay an estimated$60 million in state and county TAT,and$40 million in state and county GET. Further, KCRA members,and the residents within our resorts,pay$73 million in property taxes to Hawaii County,one fourth of total collections.And finally, between 2018 and 2021,KCRA members invested more than$450 million in infrastructure and property upgrades, supporting Hawaii Island's construction industry. We hope this Kumu Hou project will keep our construction industry running strong for years to come,as we address our island's affordable housing needs. Mahalo for your consideration of this important project. Sincerely, Stephanie Donoho Administrative Director,Kohala Coast Resort Association e PO Bax 6991,Kamuela,H1 96743*(306)747®5762*kohalacoastresortassn@gmail.com*ww .koha VJ4iM Ref. To .co• Fd Ref. Date