Friday, January 10, 2014

Affordable Housing details to be aired

On Sunday, January 12, Honolulu based consumer and social justice advocate Carroll Cox will be shedding more light on many of the behind-the-scenes details concerning the proposed sale/long-term lease (65 years) of 12 large senior and low income housing assets to the Honolulu Affordable Housing Partnership, a private mainland-based development entity with financial ties to Hawai`i developers.

The Carroll Cox Show is broadcast live from 9 - 11 AM every Sunday on KWAI 1080 AM on your Radio. The programs are also streamed live on the Web HERE and are immediately archived for later listening HERE.

Phone into the live broadcast at 808-524-1080!

Cox is awaiting replies to many specific questions he posed about the controversial sale in separate letters to Mayor Kirk Caldwell HERE and to Mr. Mark A. Chandler, Honolulu Director, the U.S. Office of Community Planning and Development (CPD) and the Department of Housing and Urban Development (HUD) HERE

The "Honolulu Affordable Housing Preservation Initiative" was officially presented to the Honolulu City Council on August 22, 2012, by then Mayor, Peter Carlisle's Administration in a 293-page document HERE. The convoluted document immediately raised questions by many of the properties' low-income and disabled tenants, community-based senior and homeless organizations & advocates - as well as by many sitting Honolulu City Council Members. 

Further interesting details had been brought to light during a regular meeting of The Board of Directors of the Hawaii Housing Finance and Development Corporation (HHFDC) on Thursday, September 12, 2013 HERE.

After a revealing meeting of the full Honolulu City Council meeting in December, 2013, the buyer's representative William Rice ... "accused the city of defaulting on the agreement and the city demanded that the partners give assurances they had a reasonable chance to close the deal, the two parties agreed ... to continue talks in hopes of finishing the transaction by the March 31 deadline." Today, the confusing deal is hung up by a request from the buyer for "seller financing" which has raised many additional questions as to the viability and legality of the entire process.

Tune in Sunday to the Carroll Cox Show to learn the latest in this ongoing saga. 

No comments:

Post a Comment