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REPORT OFT E <br /> COMMITTEE ON FINANCE <br /> DATE: January 5, 2021 Re: Comm. No.241Res. No. 23-21 <br /> PLACE: Council Chambers <br /> Hilo, Hawaii <br /> TIME: 2:31 p.m. <br /> Council Chair and Members <br /> Hawaii County Council <br /> Hilo, Hawaii 96720 <br /> Your Committee on Finance, to which was referred Resolution No. 23-21, reports as follows: <br /> Resolution No. 23-21, transmitted by Finance Director Deanna Sako, via Communication No. 24 <br /> dated November 18, 2020, authorizes the Office of the Mayor to enter into an agreement with the <br /> United States Department of Housing and Urban Development. <br /> This resolution allows for the receipt of$200,000 of federally derived funds which would be used <br /> by the Office of Housing and Community Development to provide housing assistance to young <br /> adults at risk of experiencing homelessness. The funds will be used to pay for the voucher <br /> subsidies related to the Foster Youth to Independence Initiative and to cover the program's <br /> operating expenses. <br /> Housing Administrator Susan Kunz, Office of Housing and Community Development(OHCD), <br /> was present and explained that her office is partnering with Department of Human Services to <br /> administer the voucher program, noting that the funding will allow OHCD to support 25 youth per <br /> year for the next three years. Council Member Ashley L. Kierkiewicz had questions regarding <br /> allocation of funds and the geographic distribution of the vouchers. <br /> Your Committee on Finance is in accord with the purpose and intent of Resolution No. 23-21, <br /> and recommends its adoption. <br /> dsb <br /> AYES NOES ABS EX Respectfully submitted, <br /> CHUNG x <br /> DAVID x COMMITTEE ON FINANCE <br /> INABA X <br /> KANEALI`I-KLEINFELDER X <br /> KIERKIEWICZ X <br /> KIMBALL X MATT KANEALI'IWLEINFELDER, <br /> LEE LOY x CHAIR <br /> RICHARDS X FC REPORT NO.: 5 <br /> VILLEGAS X ADOPTED: JAN 2 0 2o2i <br />