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Form 13-52 <br /> 7/18/91 <br /> DEPARTMENT OF FINANCE <br /> REQUEST FOR COUNCIL ACTION <br /> DEPAR1"KE IT: Office� of Hot sin andComm t ev l a�rtt DATE: January 11, 2( 'I <br /> H <br /> STAFF CONTACT: Susan Kunz 'HONE: 61-837 <br /> A. REQUEST.- <br /> Requesting <br /> EQUEST:Requesting for a bill for an ordinance to appropriate 30,000,000 to fund the Hawaii Island Emergency <br /> Rent Assistance Program. This grant from the US, Department of Treasury (Treasury) will enable the <br /> County of awai'i through partnership with community based non-profit organizations to provide rent, utilities <br /> and either defined housing expense assistance to eligible households that have been impacted by the <br /> coronavirus pandernic, <br /> RegUest for a resolution to enter into ail agreement with the Treasury to accept the grant funding <br /> Request that a breach be authorized to submit this bill after the December 30,2020, submission deadline, <br /> that i,,be waived from the Finance Committee and be placed on the January 20, 2021, Council agenda; <br /> 7 <br /> & BAQK�GROUND AND JUSTIFICATION (U E;ADDITIONAL SHEETS AS NEEDED., <br /> rPrn laniary E. 2021 1, the tJ S Department cif the Treasury(Treasury) launched the $25 billion Emergency Rental <br /> As ts.<an e Program( (ERAFI) established by the Consolidated Appropriations Art, 2021 The ERAP assists <br /> h �sel o ds that are unable to pay rent anc utilities due to the COVfl -19 panders , <br /> Treasury is rrnplewenting this program with unparalleled) speed so state, focal, and tribal part€rers across the <br /> 1001"itry Can, help fatrilles in need, Treasury will begin promptly disbursing funding to eligible grantees as soon <br /> 4s a grgntee s e nrallment is complete, <br /> Eligible grantees will be able to use funds disbursed from Treasury to Delp eligible househoid,,s Ar ,e1ig4-fle <br /> hoi.seho' " rs defined as a renter hut,rsehold that has a household income at car below 80 percent of the area <br /> median ,rid in which at least one or more individuals twirled in the household qualifies for unemployment or flas <br /> e.xper{eni;ed a reduction in household HCOrne, incurred significant costs., orexperienced a financial hardship nue <br /> k_) t CJVID-1 and :an demonstrate 1 risk of experiencing hone lessness or housing instability <br /> i <br /> C_- DATE,, January 11; 2021 <br /> Department Neal <br />