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HomeMy WebLinkAboutCOM 0891.000 2020-2022 Mitchell D. Roth a+t"r°Pit�y' Deanna S. Sako vicryor ,� '' Director Diane Nakagawa —_ Deputy Director ,Tf OR Na'� County o awai`i %Finance Department 25 Aupuni Street,Suite 2103 • Nilo,Elawai`i 96720 (808)961-8234 Fax(808)961-8569 July 15, 2022 Maile Medeiros David, Council Chair and Members of the Hawaii County Council x Hawaii County Council 25 Aupuni Street Hilo, Hawaii 96720 Y . Re: Amend Resolution 476-18 Resolution 476-18 authorized the Finance Director to negotiate a seventy-five-year lease with the Hawaii Island Community Development Corporation(HICDC) for the purpose of planning, developing, and constructing a rental housing project for senior citizens at a set lease rental amount of One Hundred Dollars ($100.00)per year. Based on a 2021 market study, the HICDC has determined that there is a greater need for low-to moderate-income housing units that serve households with children. Enclosed is a resolution to amend resolution 476-18 to allow HICDC to construct affordable rental housing units for both seniors and households with children and to set the lease rental amount at Ten Dollars ($10.00)per year. If there are any questions,please feel free to contact Kaloa RN Robinson of the Office of Housing and Community Development at 961-8379. Deanna S. Sako Director of Finance Enc. c: Prop Mgmt Housing It Comm. No. 9 I Ref. To: _ Hawaii County is an Equal Opportunity Employer and Provid6Pf• Date:_L0' 2022 i Form 7/18191 DEPARTMENT OF FINANCE3 I REQUEST FOR COUNCIL ACTION i e 3 Office f Housing.andDEPARTMENT. _ IAT 7112122 STAFF CONTACT: ?taloa RN Robinson _ PHONE: PB) 961--8379 �m_c A. REQUEST. The Office of Housing and Community-Development ( HCI ) is requesting to amend resolution 476-18 with a Resolution to align the use of the parcel with Executive Order 4531, which will allow the Hawaii Island Community Development.Corporation (HI D )to include housing for families with children, Further,the request to amend the resolution would also allow foa reduction in housing units and set the lease rental price at$10.00 per year,which is consistent with previous Mohouli phases:, H. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS DEEDED Governor's Execrative Order 4531 transferred management to the County of Hawaii of a parcel of 9.091- acres for the purposes of providing elderly and/or affordable rental housing and related purposes. Resolution 476-18 only allowed senior housing arra stated that the project would have 200 units. HICK°s 2021 marketing plan for the Hate rola 0 Mohouli project found that there is a Higher need for housing for families with children than for more senior housing, It also found that reducing the number of grits will create a better project that will compliment the surrounding neighborhood, V sy 3rY Z� gid- fGr 111`7 �!��- AT` ; Pei went Head