Waipouli residents no need move
Couldn’t believe TGI’s “Must Move” article about not buying “affordable housing” apartments at the Courtyards at Waipouli. As reported: “The county has a built-in option within the affordable housing 10-year contract to purchase the units and keep it from being sold on the open marker, but the asking price is $37 million.”
Kauai’s new Managing Director Mike Dahilig “explained that an offer was on the table for $37 million for the county to purchase the Courtyards in November.” He then adds: “The county’s reserve, in terms of our overall budget reserve, is approximately $34 million.” That leaves a $3 million shortfall that needs to be found!
Suggestion: defer forwarding Resolution No. 2019-1 to the Salary Commission, which sets forth the maximum salaries of all elected and appointed officers as defined in Section 23.01. of the Charter.: Forget pay raises until after the purchase of Courtyards at Waipouli; and most definitely get an appraisal and pay a fair price for it.
Not wishing to limit any one group in delivering needed funds, initiate a new nonprofit “Citizens Affordable Housing Fund” that would be funded by the tourism industry; on association run by citizens, not politicians, that would oversee a 50-cent charge added to daily vacation rentals of every tourism rental unit on Kauai.
Example: Kauai Tourism Strategic Plan 2016-2018 reported 8,675 vacation accommodation units on Kauai including all hotels, timeshares, condos, individual vacation units, B&Bs, other hostel units. The 8,675 units x 50 cents a day = $4,337.50 per day; times 365 days = $1,583,187.50 per year. About $1.5 million annually to build affordable homes only; no political appropriations. Think about it: $1.5 million every year from private tourism sector facilities and structures, not from higher resident tax increases.
Government and tourism are contributing to the lack of affordable housing; let them both share in the cost of new affordable homes/living units for Kauai’s resident citizens.
John Hoff, Lawai