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HomeMy WebLinkAboutCOM 0072.022 2004-2006 AKINAKA & ASSO©ATES, UMRED ALSTON HUNT FLOYD & ING ASHFORD B WRISTON BANK OF HAWAII HAWAII LEEWARD PLANNING CONFERENCE BELT COLL[NS HAWAII, LIMITED GDES SCHIIRE FLEMING B WRIGHT pp, ~grap . KANI~IA.lNW1l~yppyl6y CASTLE a COOKE WAIKOLOA, LLC CENTE7( HOMES CENTRAL PACIFIC BANK CLARK REALTY CORPORATION DAN BOLTON DE LUZ ENTERPRISES, INC. January 21, 2005 N EARL E. BAKKEN EAST-WEST CONSULTING SERVICES, LLC FIRST HAWAIIAN BANK GREENWELL FARMS, INC. HAWAII LAND COMPANY HAWAII PLANING MIL4 LIMITED Councilman Gary Safarik HAWAII ELECTRIC LIGHT COMPANY And Council Members HOKULIA/OCEANSIDE 1250 Hawaii Coun COUfICII HOLUALOA COMPANIES ty HUALALAI DEVELOPMENT COMPANY 25 Aupuni Street ~ p° IMANAKA, KUDO B FUJIMOTO HiIO, HI 96720 KAHUA RANCH LIMITED KAI HAWAII, INC. O N d' C KAMEHAMEHA INVESTMENT CORP. KAMEHAMEHA SCHOOLS KAUPULEHU DEVELOPMENTS RE: Bill 25, An Ordinance Amendin Cha 11 Of the Hawaii Cou KEALAKEKUA RANCH g pier My KEALIA RANCH Code 1983 (1985 Edition) t0 Revise the Affordable Housing Policy for the KEAUHOU KONA CONSTRUCRON CORP. COUMy Of Hawail KOBAYASHl GROUP, LLC KOHALA RANCH, LLC KONA TRANSPORTATION COMPANY KTA SUPER STORES Chairman Safarik and Members of the Hawai i Coun Council: LANIHAU PROPERTIES, LLC ty L'ORANGE 8 ASSOCIATES MaCFARMS OF HAWAII I am Jacqui Hoover, President of Hawaii Leeward Planning Conference (HLPC), MARYL GROUP, INC. t@s ' In in and t0 Bill 25. HLPC has been an active rtici nt in affordable MAUNA KEA PROPERTIES ~Y 9 re9 Pa Pa MAUNA LANI SE~fiVICE, INC. hOUSing Issues On the island for over 30 years. We created the West Hawaii MCGNDLESS LAND B GTTLE COMPANY Housing Foundation (WHHF) in the early 1980's to devebp affordable housing McCORRISTON MILLER MUKAI McKINNON ro @CtS and WHHF om formed the Hawaii Island Communi Develo ment M B E PACIFIC, INC P) ~ t1Y tY P MENEHUNE DEVELOPMENT COMPANY Corporation several years ago t0 focus on developing self help housing projects. MOOERS ENTERPRISES, LLC Throughout this period Vlle have seen what does and does not work t0 actually NATURE CONSERVANCY OF HAWAII OCEANIC TIME WARNER GBLE OF HAWAII produce affordable housing. OKAHARA B ASSOCIATES PACIFIC RESOURCE PARTNERSHIP We last testified before you on July 1, 2004 in regard to a proposed Affordable PARKER RANCH, INC. PBR HAWAII Housing Ordinance. PONOHOLO RANCH, LIMITED QUEEN EMMA FOUNDATION We appreciate the efforts Of the Office of Housing and Community Devebpment QUEEN LILIWKALANI TRUST R.M. TOWILI CORPORATION (OHCD), Hawaii County Housing Agency (HCHA), and the Council t0 address the RIEMM OWENSBY PLANNERS ARCHITECHTS critical Affordable Housing needs of the County. The vision of Hawaii Leeward SAM O. HIROTA, INC. Plannin Conference is a roduCtive COmmun In hamlon with our un ue and SANDWICH ISLES COMMUNIGTIONS 9 P ~ y IQ SSFM INTERNATIONAL, INC. beautiful island. Our mission is t0 be an advocate for sound planning, effective SURETY KOHALA CORPORATION government process, orderly development and economic growth in West Hawaii. TITLE GUAMNTY ESCROW SERVICES, INC. TSA CORPORATION WAIMEA WATER SERVICE, INC. While the preS@nt hOUSing policy has not genereted much affordable hOUSing, We WASTE MANAGEMENT OF HAWAII are uncertain that the proposed revisions will improve the situation. While the new WATER RESOURCES INTERNATIONAL, INC. f ulatbns are intended to eneret@ the g WES THOMAS ASSOCIATES, INC. ~ 9 potential for rester resources available WEST HAWAII CONCRETE for affordable housing, the likely effect will t1@ for projects with unfulfilled housing WILSON OKAMOTO CORPORATION conditions t0 further defer their WIMBERLY ALLISON TONG fl GOO protects for economic reasons. Also, new rezonings that might add to the resource pool are likely th table their plans in the face of the higher assessments, thus restricting future supply. These likey actions will increase the pressure on development of existing vacant zoned lands which do not have affordable housing conditions. The demands for housing continue to increase so the economic effect of the restricted supply will be higher prices for existing unencumbered lands, and thus, the affordability crisis will P.o. sox zis9 Ue further exacerbated. Even in today's overheated market, few projects can KAMUELA, HAWAII 96743 withstand a 30% housin tax as ro Sed. We encoure a the Council to retain TEL: 905.6as.9ses 9 P Po 9 FAx: eos.ass.9sso the 10°h requirement to continue to allow the supply side of the economic fonnula "IVKO9~•^~ to grow along with the externally generated demand side of the equation. January 21, 2005 Page Two Testimony on Bi1125, Affordable Housing Policy Hawaii Leeward Planning Conference Hawaii Leeward Planning Conference, through our members, affiliates and the West Hawaii Housing Foundation, remains committed to working with the County to deliver affordable housing units in West Hawaii. As an example of this commitrnent, subsequent to our July 2004 testimony and at the request of the County, HLPC convened a Housing Task Force meeting on August 27, 2004 to discuss strategies for producing Affordable Housing. Additionally, there have teen a number of State forums over the past several months to address the situation. Attached to my written testimony are notes for your perusal that reflect the input from these groups. Thank you for the opportunity to comment and we look forward to working with you in the continued review of the Affordable Housing Policy. Respectfully Submitted, Jacqui Hoover, President Hawaii Leeward Planning Conference January 21, 2005 Testimony: Bi1125 Hawaii Leeward Plannino Conference ALtachmeM Affordable Ho~i~ Task Force Group 1 -Acceleration of Regulatory and Permitting Processes and Other Incentives for Development of Affordable Housing Group 1 -Short-Tenn Strategies • Make government land available • Expedite the county plan approval process -consider outsourcing plan review • Increase the conveyance tax and the percentage of the tax that is dedicated to affordable housing Group 1 -longer-Tenn Strategies • Eliminate duplication between State Land Use Commission (LUC) and County zoning Group 2 -Infrastructure Issues Group 2 -Short-Tenn Strategies • Increase political will to support efforts • Use State land for long-term leases for housing or as collateral • Creative publiGprivate financing for infrastructure Group 2 -longer-Tenn Strategies • Coordinated, integrated long-term development plans guiding use of Capital Improvement Program (CIP) Group 3 -Incentives for Affordable Housing Financing Group 3 -Short-Term Strategies • Rental Housing Trust Fund -needs dedicated source of funding. Eliminate lien requirement so that other financing sources like the Weinberg Foundation are available • Incentives for landbrds to maintain affordable rentals • Better coordination of existing funds Group 3 -Longer-Term Strategies • State treats affordable housing as priority policy, acts as a facilitator to bring parties together