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DATE: January 7, 2025 <br />PLACE: Council Chambers <br />Hilo, Hawaii <br />TIME: 2:02 p.m. <br />Council Chair and Members <br />Hawaii County Council <br />Hilo, Hawaii 96720 <br />REPORT OF THE <br />COMMITTEE ON FINANCE <br />Re: Comm. No. 67/Res. No. 46-25 <br />Your Committee on Finance, to which was referred Resolution No. 46-25, reports as follows: <br />Resolution No. 46-25, transmitted by Finance Director Diane Nakagawa via Communication <br />No. 67, dated December 18, 2024, approves the award of funds to various nonprofit organizations <br />for programs addressing housing and homelessness by the Office of Housing and Community <br />Development. <br />This resolution proposes 15 grant awards to 9 different nonprofit organizations for a total of <br />$10,500,000 in funding that was derived from Residential Tier Two property tax revenues. <br />Housing Administrator Kehaulani Costa, Assistant Housing Administrator Keiko Mercado, Real <br />Property Tax Administrator Lisa Miura, and Deputy Corporation Counsel Sylvia Wan were present <br />in chambers for questions. <br />Ms. Costa and Ms. Mercado provided background on this measure. Multiple members commented in <br />support of it. Committee Members raised questions regarding accountability and reporting methods to <br />be utilized this fiscal year and requested updates on funds spent. <br />Your Committee on Finance is in accord with the purpose and intent of Resolution No. 46-25, and <br />recommends its adoption. <br />Ikh <br />AYES <br />NOES <br />ABS <br />EX <br />GALIMBA <br />X <br />HUSTACE <br />X <br />INABA <br />X <br />KAGIWADA <br />X <br />KANEALI`I-KLEINFELDER <br />x <br />KIERKIEWICZ <br />X <br />KIMBALL <br />X <br />ONISHI <br />X <br />VILLEGAS <br />X <br />Respectfully submitted, <br />COMMITTEE ON FINANCE <br />FC REPORT NO.: 5 <br />ADOPTED: JAN 3 1 2025 <br />