Loading...
HomeMy WebLinkAboutCOM 0639.001 2020-2022Mitchell D.Roth Mayor x;:!;7'4 M!!r •,'• Susan K.Kunz Housing Administrator Lee E.Lord Managing Director Harry M.Vada Assistant Housing Administrator Robert H.Command Pi •a+'!• ' Deputy Managing Director County of Hawaii Office of Housing and Community Development 1990 Kino`ole Street,Suite 102 • Hilo,Hawai`i 96720 • (808)961-8379 • Fax(808)961-8685 Existing Housing:(808)959-4642 • Fax(808)959-9308 Kona: (808)323-4300 • Fax(808)323-4301 C=• D• CD t'j March 8, 2022 Maile Medeiros David, Council Chair rr and Members of the Hawaii County Council Hawaii County Council LLI 4 25 Aupuni Street Hilo, HI 96720 SUBJECT: Update to Comm. No. 639 Finance Committee Meeting—March 9, 2022 By means of this communication, I've attached an update to Comm. No. 639 regarding the Strategic Roadmap for Housing Development. Should you have any questions, please contact me at(808)961-8379 or by email at susan.kunz hawaiicounty Jiov. INA Susa V116Housing istrator Comm. No. 6341. 1 Ref. To: V 2206askk Ref. Dote MAR ® 9 2022 OPPORTUNITY STRATEGIC ROADMAP FOR HOUSING DEVELOPMENT Update to the Hawaii County Council—Committee on Finance (Comm. No. 639) March 9, 2022 The Hawai'i County Council unanimously approved Resolution 241-21 on November 3, 2021, which urged the Office of Housing and Community Development(OHCD)to conduct a study on the County's inclusionary zoning policy(Chapter 11) and to develop a strategic roadmap for housing development on Hawai'i Island. Progress on the review of Chapter 11-OHCD has executed a contract with Keyser Marston Associates KMA), a real estate advisory firm out of Northern California. KMA's principals have 20-40 years of experience in affordable and market rate housing, transit-oriented development, asset management, infrastructure finance, land use strategies and public finance. KMA was contracted in accordance with HRS Section 103D-304, utilizing the Professional Services selection process. Progress on the Strategic Roadmap for Housing Development- Recognizing the need for changes and actions on many fronts in addition to a comprehensive review of Hawaii County's inclusionary zoning code, Chapter 11, the initial Road Map includes five major strategies for expanding availability and affordability of housing in Hawai'i County, as follows: STRATEGY 1—COMPREHENSIVE REVIEW AND UPDATE OF CHAPTER 11 STRATEGY 2 -CONSIDER CHANGES TO CHAPTER 23, SUBDIVISION CODE and CHAPTER 25,ZONING CODE The Planning Department is currently in the process of a review of the General Plan, Community Development Plans and a comprehensive review and revision of its Chapter 23, Subdivision Code and Chapter 25, Zoning Code. KMA's analysis of the "Economics of Increased Density" in its Pro Forma work should provide guidance on the effect of increasing densities or reductions of minimum lots sizes on improving feasibility in residential development. STRATEGY 3 - CONSIDER ESTABLISHMENT OF AN AFFORDABLE HOUSING FUND Consider the establishment of an Affordable Housing Fund with resources dedicated to increasing and preserving the supply of affordable housing in Hawai'i County. Evaluate potential options for generating funds to be dedicated to the new Affordable Housing Fund. Success of a new Affordable Housing Fund will depend on a consistent funding source with a committed base amount of annual funding. STRATEGY 4- USE OF COUNTY AND STATE-OWNED LANDS FOR AFFORDABLE HOUSING STRATEGY 5 -CONSIDER PLANNING AND PERMITTING PROCESSES FOR AFFORDABLE HOUSING PROJECTS TO FAST TRACK ADMINISTRATIVE APPROVAL FOR 100%AFFORDABLE HOUSING PROJECTS OTHER STRATEGIES FOR CONSIDERATION: Infrastructure Vacation rental regulations Financing tools Building codes Fees and exactions