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HomeMy WebLinkAboutCOM 0074.009 2024-2026HAWAH 1315 Kolaniana'ole Avenue, Hilo, HI 96720 COMMUNITY PO Box 270, Waimanalo, Hl 96795 808-587-7656 Lw, LENDING www.howaiicommunitylending.com December 6, 2024 Council Member Kagiwada 25 Aupuni Street, Suite 1402 Hilo, Hawaii 96720 Subject: Support for Hualalai Court Workforce Housing Project Aloha Councilmember Kagiwada, I am writing in support of the Hualalai Court Affordable Workforce Housing application to build 104 affordable apartments in your district. Hawaii Community Lending is a nonprofit US Treasury certified community development financial institution that increases access to credit and capital for Native Hawaiians and other underserved populations in Hawaii. organization funds the affordable housing ecosystem from the home builder to the homebuyer to the homeowner. In our 22-year history of serving Hawaii Island, we have seen the critical role affordable housing has in the economic well-being and overall health of our ALICE (asset limited, income constrained, employed) residents. The Hualalai Court Affordable Workforce Housing project will establish a foundation for 104 of our families, giving them an opportunity to live, work, and stay in our community. At the same time, it promises to provide affordable rents that will position our families not just to be renters, but to pursue a path to affordable homeownership. Please help create housing opportunities for 104 of our families by approving the Hualalai Court Affordable Workforce Housing project. Signature Jeff Gilbreath Executive Director 808.587.7653 jeff@hawaiiancommunity.net We Don't Say No, We Say How