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HomeMy WebLinkAboutResolution No. 2016-54, Draft 1COUNTY COUNCIL COUNTY OF KAUAI r .1XVC50tuttioll No. 2016 -54 Draft l RESOLUTION REAFFIRMING COUNCIL POLICY TO ACQUIRE LAND FOR THE DEVELOPMENT OF AFFORDABLE HOUSING "WHEREAS, Resolution No. 2004 -44, Draft 1, was adopted by the Kauai County Council in 2004 to establish a Council policy to acquire land for the development of affordable housing; and WHEREAS, since 2004, the average price of a single family home on Kauai has increased from $506,500 to $600,000 as of June 2016; and WHEREAS, due to the increase in housing prices, many of Kaua`i's families cannot afford to purchase a home; and WHEREAS, the 2011 Hawaii Housing Policy Study stated that a shortage of affordable ownership and rental units on Kauai will result in a need of approximately 925 units in the 0 -80% United States Department of Housing and Urban Development (HUD) median income range, 167 units in the 80 -120% HUD median income range, and 116 units in the 120 -180% HUD median income range by the year 2016; and WHEREAS, through efforts of the County of Kauai Housing Agency and private developers from 2004 to 2016, there have been 315 affordable multi - family rental units developed and 203 multi- family and single family ownership units developed on Kauai; and WHEREAS, the County of Kauai cannot only depend on private developers to solve the affordable housing crisis; and WHEREAS, the Kauai County Council and the Administration need to take an active and aggressive role in the development of affordable housing; now, therefore, BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF KAUAI, STATE OF HAWAII, that the County work to acquire land, through condemnation if necessary, for the development of affordable housing. BE IT FURTHER RESOLVED, that the County of Kauai identify parcels that are 15 acres or less in size, and are in close proximity to infrastructure and jobs so as to minimize development and household transportation costs and traffic. BE IT FURTHER RESOLVED, that the County of Kauai pursue available financing mechanisms (tax exempt bonds, revenue bonds, State funding, Federal funding (United States Department of Agriculture (USDA) — Rural Development), etc.) to develop affordable housing for residents on Kauai. BE IT FURTHER RESOLVED, that the County of Kauai work in partnership with private non - profit organizations when feasible, to acquire land and develop the needed affordable housing units. BE IT FURTHER RESOLVED, that the Kauai County Council and the County Housing Agency work together to develop "affordable housing incentives" (housing credits, etc.) that will encourage private landowners to participate with the County in addressing this critical social problem. BE IT FURTHER RESOLVED, that the sellers of land acquired for affordable housing projects by the County will not be subject to the one -time subdivision rule regulating the subdivision of agricultural lands. BE IT FURTHER RESOLVED, that the affordable housing units are intended for long -term ownership and will be subject to long -term buy -back provisions. BE IT FURTHER RESOLVED, once purchased, parcels of land that cannot be immediately developed will be "land banked" by the County for future affordable housing development. BE IT FURTHER RESOLVED, that the Council supports the County Housing Agency's work to proactively acquire land and develop affordable housing on Kauai. BE IT FINALLY RESOLVED, that copies of this Resolution be transmitted to Mayor Bernard P. Carvalho, Jr., Kanani Fu, Housing Director, and Michael A. Dahilig, Planning Director. Introduced by: /s/ MEL RAPOZO V: \RESOLUTIONS \2014 -2016 TERM \Reso. No. 2016 -54, D 1 Establishing Council Policy to Acquire Land for Affordable Housing YS_cy.docx Certificate Of 3boption Ve Ijereby Certify that Re5DCutiou ,Qo. 2016-54, Draft 1 Wag abopteb by the Council of tlje (County of Raua'i, *tate of ADaboai`i, 110'e, Raua`i, 30abiai`i, on Zluqu5t 17, 2016. Qa�__ 'County (Clerk -Bateb Z1ugu5t 18, 2016 wv�q_9� /,-' (Cljairmau & Vre5 biug fficer Rve -av QE1cu5eb 3Fecu5eb (CCjocb ',� �oo5er � �lZagabna � �aTCeSljitO �Zuali`i �RajJO�D vubimura x JZotal 7 0 0 0 Certificate Of 3boption Ve Ijereby Certify that Re5DCutiou ,Qo. 2016-54, Draft 1 Wag abopteb by the Council of tlje (County of Raua'i, *tate of ADaboai`i, 110'e, Raua`i, 30abiai`i, on Zluqu5t 17, 2016. Qa�__ 'County (Clerk -Bateb Z1ugu5t 18, 2016 wv�q_9� /,-' (Cljairmau & Vre5 biug fficer