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KAHOMA VILLAGE

MAUI PLANNING COMMISSION MEETING


June 24, 2014

PARTIES INVOLVED
Property Owner:

The Harry and Jeanette Weinberg Foundation

Developer:

Stanford Carr Development, LLC


Stanford Carr
Jay Nakamura

Architect:

Alakea Design Group


Mike Kujubu

Landscape Architect:

Miyabara Associates, LLC


Michael Miyabara

Engineer:

SSFM International, Inc.


Michael Packard
Fiona Von Ammers

Consultant:

Munekiyo & Hiraga, Inc.


Colleen Suyama
Gwen Hiraga

PROJECT LOCATION

PROJECT SUMMARY

21.6 acres of land

Land Designations:
State: Urban
Within MIP Urban Growth Boundary
West Maui CP: Project District 4 (Weinberg Property) & Open
Space
County Zoning: A-1 Apartment (12-stories)
Resolution 14-14 adopted by Council allows use(s) as proposed.

203 Units Total: 51 percent Affordable Housing


69 Cluster Single-Family Units
32-Alley-Loaded Single-Family Units
102 Multi-Family Units in 17 6-Unit Buildings (Affordable)

1.75 acres for park

PROJECT COSTS

Total Project Cost:

Approximately $60 million

Market Unit Pricing:

Alley-Loaded Single Family: Low $700,000s

Affordable Pricing:

Cluster Single Family:

Mid $500,000s

Multi-Family Townhouses:

High $200,000s

AFFORDABLE HOUSING GUIDELINES (DHHC)

Based on 4 following factors (2014 figures):


1.
2.
3.
4.

Median Income:
Interest Rate:
Length of Loan:
Downpayment:

$75,800
4.25%
30 Years
5% of purchase price

Using these figures and based on a price in the high $200,000s:


A 2-bedroom unit would be affordable for households making 80% of median
income ($60,640/year).
A 3-bedroom unit would be affordable for households making 70% of median
income ($53,060/year).
51% to 80% of median income is considered low income.

CONCEPTUAL SITE PLAN

SITE PLAN

PROJECT TIMELINE

February 15, 2012:

Public information meeting held at West Maui Senior


Center.

March 23, 2012:

Applicant sent out project for early-consultation.

September 17, 2012:

Applicant submits SMA Use Permit Application and Draft


Environmental Assessment (DEA) which is sent to various
agencies for comments.

October 23, 2012:

Maui Planning Commission reviews and provides


comments on DEA.

December 28, 2012:

Maui Island Plan is adopted. Includes Kahoma Village


project.

August 21, 2013:

Final Environmental Assessment accepted and a


Findings of No Significant Impact (FONSI) issued by the
County of Maui Department of Housing and Human
Concerns.

PROJECT TIMELINE

September 8, 2013:

FONSI published in OEQC Environmental Notice, which


initiates 30-day appeal period.

October 7, 2013:

Appeal period ends, no appeals were filed.

January 8, 2014:

County Council Land Use Committee conducts site visit


and meeting on Kahoma Village Project.

February 7, 2014:

County Council adopts Resolution 14-14 and approves


Kahoma Village pursuant to Chapter 201-H, HRS, relating
to Affordable Housing Projects.

March 4, 2014:

Project reviewed by Maui Urban Design Review Board.