HomeMy WebLinkAboutCOM 0695.001 2022-2024Dr. Holeka Goro Inaba
Council Vice Chair
Council Member, District 8, N. Kona
Office: 8081323-4280
holeka. inaba(0ihawaiieounty.gov
HAWAPI COUNTY COUNCIL
County of'Hawai'i
West Hawai'i Civic Center, Bldg. A
74-5044 Ane Keohokalole Hwy.
Kailua-Kona, Hawaii 96740
DATE: February 7, 2024
TO: Heather L. Kimball, Chairperson
and Members of the Hawaii County Council
Heather I(imball
Council Chair
Council Member, District I
Off
ice: 8081961-8828
heather. kiniball(ir hawaiicounty.gov
FROM: Dr. Holeka Goro Inaba, Council Vice Chair
Heather L. Kimball, Council Chair
/141111 *P "-(
SUBJECT: Proposed Amendment to Bill No. 128; An Ordinance Ame�ndin Chapter 11,
Article 1, Section I I - 15, of the Hawai'i County Code 1983 (2016 Edition, As
Amended), Relating to Transfer of Excess Affordable Housing Credits.
Please find below proposed amendments to Bill No. 128. The proposed amendments are
illustrated in Ramseyer format with respect to the contents of Bill No. 128; material to be added
is underscored.
SECTION I of Bill No. 128, is amended by amending section 11-15, subsection (d) to read as
follows:
"(d) After approval of the excess credits, the developer may transfer the excess credits to any
other project that is within the distance established in section I 1-5(a)(3), to fulfill part or
all of the affordable housing requirements of the other project. The developer shall
obtain approval for the transfer of excess credits from the housing administrator before
initiating any such transfer. The housing administrator shall validate any such transfer of
excess credits upon completion of the transaction. Excess credits that are transferred in
violation of this section are voidable at the discretion of the County."
Due to the limited scope of this amendment, a copy of the revised draft of this bill that would
result if this amendment is adopted, is not attached.
Thank you.
HGI/wpb
Comm. No. q 5.1
Ref. KPLUP
Ref. Date 4� ai - 7 2
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