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Executive Director Hawaii Housing Finance and Development Corporation

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Executive Director Hawaii Housing Finance and Development Corporation Activities for the Month of April 2021 May13,2021 Submitted by: Denise Iseri-Matsubara, Executive Director Hawaii Housing Finance and Development Corporation IV. Report of the Executive Director A. Activities Related to Housing Development 4/1/21 Together with Dean Minakami, Carianne Abara and Leo Domingo, went on a site visit with CWRM Deputy Director Kaleo Manuel to Waiahole Valley to assess the storm damages to the water system and well. 4/7/21 Virtual meeting with Dean Minakami, Chris Woodard, and Carianne Abara regarding Waiahole Valley water system and lease rent negotiations. 4/14/21 Virtual meeting with Dean Minakami to discuss uncommitted DURF funds. Virtual meeting with Dean Minakami, Chris Woodard, and Carianne Abara regarding Waiahole lease rent negotiations and storm damage update. 4/20/21 Virtual meeting with Dean Minakami and Carianne Abara to provide an update from Senator Schatz' office regarding the Veteran's Center. 4/22/21 Met with Dean Minakami and Carianne Abara regarding Hawaii State Veterans Home. 4/23/21 Together with Dean Minakami, participated in a virtual meeting with Tim Yi and Lowell Chun of Pacific Catalyst LLC regarding a proposed senior housing project. 4/26/21 Together with Dean Minakami and Carianne Abara, participated in a virtual meeting with DOD, B&F, and DAGS regarding the Kapolei Veterans Home project. 4/27/21 Together with Francis Keeno, Dean Minakarni, and Carianne Abara, held a virtual meeting with Deputy Attorney General Sandra Ching regarding HHFDC' s legal obligation related to maintaining the W aiahole Stream and abutting properties. 4/29/21 Attended the W aiahole Valley HHFDC Lease Rent Informational Meeting to discuss the HHFDC's lease rent renegotiation process. B. Activities Related to Housing Finance 4/9/21 Together with Francis Keeno, met with Chris Oakes and Jocelyn Iwamasa. 4/15/21 Met with Jocelyn to execute bond documents for Kaiaulu O Waikoloa. Met with Francis Keeno and Nate Akamu regarding Kahana Valley, Milolii, & the Hula Mae single family program loan delinquency. 4/20/21 Met with Chris Oakes and Jocelyn Iwamasa regarding proposed re-development of Maunakea Tower near Chinatown on Oahu. 4/22/21 Held weekly meeting with Chris Oakes regarding goals and target timelines, especially targets for taking recommendations to the board for the consolidated applications for FY21 funding round. Page 1 of 6 4/29/21 Held weekly meeting with Chris Oakes regarding goals and target timelines. C. Activities Related to Fiscal Management Consulted with Chief Financial Officer, Holly Osumi on fiscal matters. D. Activities Related to Planning, Evaluation and Compliance 4/7/21 Standing teleconference call with Senator Schatz's office regarding COVID-19 impact on housing and further CRF funding for the state, projected rent burden levels, and exploring affordable housing solutions. Participated in a virtual meeting with Governor's office and housing stakeholders on key housing bills this session. Standing virtual meeting with UH Professor Dr. Philip Garboden regarding CRF relief funded housing programs and request for him to gather data on delinquency and need for assistance. 4/8/21 Participated in the DBEDT Managers virtual meeting. Virtual meeting with B&F Director Craig Hirai and Deputy Director Robert Yu regarding ERA Program. 4/9/21 Virtual meeting with DHHL Chair William Aila and DHHL staff regarding DHHL's waitlist. Participated in NCSHA' s conference call on ERA Implementation. Participated in the State Housing Directors virtual meeting. 4/12/21 Participated in the Governor's Affordable Housing Working Group virtual meeting chaired by Sara Lin. Met with Catherine Camp of Central Pacific Bank Commercial Real Estate Lending regarding HHFDC' s processes. Virtual meeting with Kent Miyasaki regarding response to the Hawaii Legislative Action Committee Community Associations Institute letter to the Governor. Virtual meeting with Kent Miyasaki, Jayna Oshiro, and Cara Nonaka regarding a status update and types of inquiries received on the Mortgage Relief Program. 4/13/21 Met with Janice Takahashi to discuss Weinberg's proposal to provide risk capital to assist affordable housing development. Virtual meeting with B&F Deputy Director Robert Yu and AG's office regarding housing stability services under ERA Program. Attended Highridge Costa's virtual presentation on their new project on KS lands in Waipahu. 4/14/21 Virtual meeting with Janice Takahashi regarding Finance Branch fees and revenue generation. 4/15/21 Virtual meeting with Alan Oshima regarding wrap up of his participation m Economic Recovery. Page 2 of6 Participated in NCSHA' s conference call regarding Homeowner Assistance Fund (HAF). Participated in the DBEDT Managers virtual meeting. 4/16/21 Co-chaired the Hawaii Interagency Council for TOD virtual meeting. Virtual meeting with DHHL Chair William Aila regarding HAF program funding allocation for DHHL. Virtual meeting with Chris Woodard regarding Jack Hall Kona Lease Extension. 4/21/21 Standing teleconference call with Senator Schatz's office regarding COVID-19 impact on housing, ARPA funding for the state, projected need for mortgage assistance, and exploring affordable housing solutions. Participated in the Governor's Affordable Housing Working Group virtual meeting chaired by Sara Lin. Virtual meeting with B&F Deputy Director Robert Yu and Maui County Housing & Human Concerns Deputy Director Linda Munsell regarding ERA Area Median Income Limits. Standing virtual meeting with UH Professor Dr. Philip Garboden regarding ARP A funded housing programs and request for him to gather data on delinquency and need for assistance. 4/22/21 Participated in the DBEDT Managers virtual meeting. Participated in a virtual meeting chaired by B&F Deputy Director Robert Yu regarding the Renters and Homeowners Assistance programs. 4/23/21 Participated in the Housing Directors and Administrators virtual meeting. Virtual meeting with OP Director Mary Alice Evans and City and County of Honolulu, DPP Harrison Rue regarding FTA Pilot Program for Transit-Oriented Development Planning FY2021 Notice of Funding Opportunity. 4/26/21 Held a weekly virtual meeting with Janice Takahashi regarding HAF program plan. 4/28/21 Together with Marc Orbito, attended a virtual software demonstration by Speridian Technologies LLC to give us an insight on how other states are doing rent/mortgage assistance, as well as data analytics that are available. 4/29/21 Virtual meeting with HCAP Robert Piper, Nalani Jenkins, and Olin Lagan regarding available housing assistance funding and CSBG funding. Participated in the DBEDT Managers virtual meeting. 4/30/21 Virtual meeting with Moe Mahanna and Michael Costa regarding their plans to replicate an Affordable Housing Advisory Group here in Hawaii based on the charter that established the group in California involving lenders, developers, legislators, architects, engineers, and government policy leaders. Virtual follow-up meeting with CWRM Kaleo Manuel and Gregory Barbour regarding Ota Well. Page 3 of 6 Virtual meeting with Office of Hawaiian Affairs CEO Sylvia Hussey to discuss outcome of public lands bill, and the roles of our respective organizations. OHA is collecting data to assess housing needs, and HHFDC is compiling a list of available housing units based on projections from HHFDC, HCDA, and HPHA. E. Activities Related to DBEDT and Internal HHFDC Management 4/1/21 Held weekly meeting with Executive Assistant. 4/5/21 Teleconference call with Vice Chair Mackler to prepare for the April 8, 2021 Board meeting. 4/8/21 Participated in the April 8, 2021 Board of Directors virtual meeting. Teleconference call with Vice Chair Mackler regarding housing matters. 4/13/21 Held weekly meeting with Executive Assistant. 4/26/21 Conducted the Pre-Board virtual meeting to discuss the May 13, 2021 Board meeting agenda. 4/27/21 Held weekly meeting with Executive Assistant. F. Activities Related to Legislature 4/1/21 Testified at the FIN Hearings in support of SB2 SD2 HDl relating to Public Lands, SB39 SD2 HDl relating to Housing (GET exemptions for private rental projects using project labor agreements), SB225 SDI HDl relating to Infrastructure Improvement Districts, and SB659 SD2 HD2 relating to LIHTC. Also, testified on other relevant bills affecting HHFDC. 4/5/21 Virtual meeting with Representatives Nadine Nakamura and Troy Hashimoto, and Catholic Charities regarding the status of RAMP funds for mediation services and eviction intervention. Virtual meeting with Representative Jackson Sayama regarding SB2 SD2 HD 1 relating to Public Lands. 4/6/21 Attended JDC-WAM decision-making on HB77 HDl SDI relating to Lands Controlled by the State. Attended WAM-JDC decision-making on HB1376 HD2 SDI relating to the Landlord-Tenant Code. 4/7/21 Virtual meeting with Representative Lynn DeCoite regarding HHFDC financing programs and concerns related to housing for Native Hawaiians. Attended FIN decision-ma:king on relevant bills affecting HHFDC including SB2 SD2 HD 1 relating to Public Lands, and SB659 SD2 HD2 relating to LIHTC, SB39 SD2 HDl relating to Housing (GET exemptions for 104 projects). 4/8/21 Testified at the HOU confirmation hearing on GM526 Donn Mende (Board Chair) and GM668 Sean Sasa:ki (new Board Member). Together with Janice Takahashi, participated in a virtual meeting with Representatives Nadine Nakamura, Della Au Belatti, David Tarnas, and Troy Hashimoto, and FIN Chair Sylvia Luke to discuss SB2 HDl relating to Public Lands. Page 4 of 6 4/12/21 Virtual meeting with B&F Deputy Director Robert Yu and Representatives Nadine Nakamura and Troy Hashimoto regarding funding for mediation services. 4/14/21 Virtual meeting with Senator Stanley Chang regarding SB2 HD 1 relating to Public Lands. 4/15/21 Together with Janice Takahashi, participated in a virtual meeting with Representative Nadine Nakamura regarding conference housing bills. Together with Dean Minakami, participated in a virtual meeting with Representative Scot Matayoshi regarding teacher housing. 4/19/21 Attended the Conference Committee opening regarding HB200 HD 1 SD 1 relating to the State Budget.
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