HomeMy WebLinkAboutCOM 0597.007 1996-1998 _ -a-:o3: ~c>on ~~nF .~oa
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LAND USE RfiSEARCI-F
FOUNDATSON OF HAWAII
700 Bishop Street
Suite 7928, Am.`ac Bldg. M
Honolulu, Hawaii 96813
Phcne 5214717
Fax 536-0132
RECEIVED
October Z1, 1997 nom`-'-"'-- By---~
The Honorable John Santangelo, Chair - ~ntY Council
Hawaii County Hcusirg Agency
2~ Aupuri Street
Hilo, Hawaii 96720
)tE: Affordable Honsing Folicy for the Coursty of Hawaii
Dear Chair Santangelo and Agency Members'
We have reviewed the October 13, 1997 draF of "_A Si11 Relating to an Affordable Housing Policy
for the County cf$awaii" and fully support this effort to revise the County of Hawaii's affordable
housing policy. This bili represents as effort to match affordable housing requirements to today's
economic real.iies.
Beginning in 1988, the State Land L'se Cemm;ssion started to impose stringent requirements for
affordable housing when re-designating lands from agricuhure to urban. ?'he previously accepted ten
percent requirement increased, and up to 60 percent of a development was required to be affordable.
Soon afrerward, the counties began to impose similar affordable housing requirements on
developments seeking county zoning approvals.
Housing ccrditions have changed drastically since the late 1980s and early 1990s. Today, throughout
Hawaii, developers hold a standing inventory of affordable homes that they cannot sell. L~ many
instances market price uni>.s are at or near the price of affozdable units and do not have any of the
restrctive corditiors that are placed on £~e buyers of affordable units. T.`.e limited market of
quali5ed buyers in the affordable range further 1'=mi*s the need for extensive affordable housing
requirements of the past. When develepers cannot seiI their affordable ur_its they often times cannot
proceed with their market rite homes. Overall economic development is then stifled when restricted
sales place a damper on residential cons!ructioa.
For these reasons we support the County of Hawaii's proposal to revise its affozdable housing policy.
Sincerely,
`w-v ,
Dan Davidson,
Executive Director
t:onrcP. Dig.
Fl1® x.. H~/HSG
ttdt, Presented e.ouwu~
fret. Date ~ 3 199
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LAND USE RESEARCH ?
FOUNDATION OF HAWAII
700 Avshop Street
Suite 1928, Amfac Bldg. R#
Honolulu, Hawaii 96813
Phone 52]-6717
Fax 5360132
OCTOBER 21, 1997
FAY TRANSMITTAL
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TO: ED T_AIIiA 80$ 961-8698
FR: DAN DAVIDSON 521-4717 ph1536-0132 fx LL'RF
RE: AFFORDABLE HOUSI_vTG BII.L,
HAWAII Y:OUSII~G AGENCY OCT. 21, 2:OC P.M. HEARING
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