HIGHLIGHTS OF APRIL 2, 2008 HCDA REGULAR MEETING

Following is a summary of actions taken at the April 2, 2008 meeting of the Hawaii Community Development Authority (HCDA).

Interim Lease for Building 36 at the Former Naval Air Station Barbers Point, Hawaii

The Authority approved the execution of an interim lease between the United States of America and the HCDA for Building 36 at the former Naval Air Station Barbers Point in Kalaeloa.  The lease will be for an approximate 1.5 acres parcel of land, including the existing Building 36 and an adjacent parking area.  The lease would be at less than fair market value.  HCDA has requested transfer of the property via a homeless assistance public benefit conveyance and is in the process of completing its application and securing the necessary approvals.  The Hawaii Public Housing Authority (HPHA) has requested use of Building 36 for its last homeless shelter in Kalaeloa.  The HPHA operates three homeless shelters/programs at Kalaeloa and one at Kaka‘ako.  HCDA would then enter into a memorandum of understanding with HPHA for use of Building 36.  The Attorney General’s office is working on finalizing the execution of the lease and obtaining the Governor’s approval.