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COUNTY OF HAWAII <br />ORDINANCE NO. <br />STATE OF HAWAII <br />BILL NO. 28 <br />AN ORDINANCE AMENDING CHAPTER 11, HAWAII COUNTY CODE 1983 (2005 <br />EDITION, AS AMENDED), RELATING TO AFFORDABLE HOUSING POLICY. <br />BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAII: <br />SECTION 1. Chapter 11, article 1, section 11 -5, of the Hawaii County Code 1983 <br />(2005 Edition, as amended) is amended to read as follows: <br />"Section 11 -5. Satisfaction of affordable housing requirements. <br />(a) The developer may satisfy the affordable housing requirements by doing any of the <br />following: <br />(1) Construct affordable for -sale units on -site; <br />(2) Construct affordable finished lots on -site, but only if the entire project consists of <br />finished lots; <br />(3) Construct affordable for -sale units off -site, but within a fifteen -mile radius of the <br />project site; <br />(4) Construct affordable rental units on -site, or off -site, within a fifteen -mile radius of the <br />project site; <br />(5) Pay in -lieu fees to the Agency; <br />(6) Provide developable land, within a fifteen -mile radius of the project site, with a value <br />determined by appraisal, that shall be credited against the in -lieu fee; <br />(7) Provide infrastructure, within a fifteen -mile radius of the project site, that shall be <br />credited against the in -lieu fee. Any infrastructure provided must be directly related to <br />the future provision of affordable housing; <br />(8) With the approval of the administrator, construct housing on -site or off -site, that <br />addresses a critical regional housing need, at least equivalent to satisfying the <br />requirements of any sub - sections (1) -(4) above, provided that the project must be <br />located within the allowable areas for in -lieu fees under sec. 11 -12; <br />(9) Obtain excess credits from another developer pursuant to sec. 11 -15. <br />(b) The affordable unit or finished lot shall be completed with road access, drainage, water, <br />electricity, sewer lines, if required, and telephone, and, in the case of finished lots, shall not <br />have unusual site conditions that make it difficult to build a home. <br />(c) Affordable housing credits. <br />The developer shall earn affordable housing credits as follows: <br />(1) Sale of completed dwelling units affordable for qualified households earning 120- <br />140% of median: 0.5 credit per unit; <br />(2) Sale of completed dwelling units affordable for qualified households earning 100- <br />120% of median: 1.0 credit per unit; <br />