Resolution 16-70 (which includes the Haleiwai‘olu Project Development Agreement and Lease) was adopted with amendments by the Council’s Budget Committee on March 30, 2016. It is scheduled for City Council consideration on April 20, 2016.
This resolution amended the development agreement and lease between Michaels Development Company and the City administration for the Haleiwai‘olu Housing and Community Center Project at City-owned property at 1121 River Street to require a full evaluation of public health and safety issues during the project’s environmental review process. Questions raised at the Budget Committee hearing noted the need to respond to concerns raised by neighboring property owners Borthwick Mortuary and Lum Sai Ho Tong, as well as ensuring that the siting of the senior housing facility minimized public health risks for elderly tenants.
The project provides 151 senior housing units that target seniors with income levels lower than 60% and 80% Average Median Income (AMI) under federal HUD guidelines, partly because Michaels Development Company is seeking State low-income housing tax credits and bond financing through the State’s Hawaii Housing Finance Development Corporation (HHFDC). HHFDC requires the filing of an Environmental Assessment or Draft Environmental Impact Statement to qualify for the use of state funds and government properties.