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HomeMy WebLinkAbout2017-02-03 letter to Hawaii Housing Finance & Development Corporation RE: Correa Ohana LLC / Hale Kupuna I •if ... .. Wil Okabe Managing Director Harry Kim Mayor Barbara J.Kossow Deputy Managing Director Aninni`t Offirr of fir Alapr 25 Aupuni Street,Suite 2603 • Hilo,Hawaii 96720 • (808)961-8211 • Fax(808)961-6553 KONA: 74-5044 Ane Keohokalole Hwy.,Bldg.C • Kailua-Kona,Hawaii 96740 (808)323-4444 • Fax(808)323-4440 February 13, 2017 Hawaii Housing Finance & Development Corporation 677 Queen Street, Suite 300 Honolulu, Hawaii 96823 To Whom It May Concern: RE: Correa Ohana LLC / Hale Kupuna I 1198 Kino'ole Street, Hilo, Hawaii 96720 PROPOSED ELDER LOW INCOME HOUSING PROJECT I have met with the principals, and discussed the proposed plans for construction of Hale Kupuna elder low-income housing complex, to be constructed at 1198 Kino'ole Street, in Hilo. This is a 140' x 237' site, of .7617 acres, centrally located in Hilo, and in close proximity to the Senior Center. The proposed new development will include 36 low-income elder units, with low-income reservation for 61 years, and exceptional amenities for the residents. This is an experienced development team, including Hank Correa and Chuck Barker, and they have demonstrable experience with the County of Hawaii Planning Department, Public Works and Housing Departments, and the established capacity to construct, complete and efficiently operate this property to best serve low-income housing needs for elder residents of Hilo. Please accept this letter of support of the Hale Kupuna Low Income Housing Project, and my earnest and strong recommendation that it be approved by the HHFDC under the Low Income Housing Tax Credit (LIHTC) program. Sincerely, tA/1/7 Harry Kim Mayor County of Hawai`i is an Equal Opportunity Provider and Employer.