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Hawai‘i County Council-41 April 17, 2012 <br /> <br />Bill 225: AMENDS ORDINANCE NO. 11-59, AS AMENDED, THE OPERATING BUDGET <br />FOR THE COUNTY OF HAWAI‘I FOR THE FISCAL YEAR ENDING <br />JUNE 30, 2012 <br />Increases revenues in Federal-2012 HOME Program ($2,925,000) and HOME Grant- <br />Program Income ($25,000), for a total amount of $2,950,000; and appropriates to the <br />following: Tenant Based Rental Assistance-County of Hawai‘i ($1,022,500), Hawaiian <br />Paradise Park Mutual Self-Help Project, Phase I-Hawai‘i Island Community <br />Development Corporation ($450,000), Na Kahua Hale O Ulu Wini, Phase III-County of <br />Hawai‘i ($914,000), Habitat for Humanity Affordable Workforce Housing-Construction <br />($336,000), and Office of Housing and Community Development (OHCD) <br />Administration ($227,500), for a total amount of $2,950,000. In anticipation of the <br />State’s Hawai‘i Housing Finance and Development Corporation’s approval and in order <br />to administer the HOME projects, the OHCD needs this appropriation ordinance to <br />expend the 2012 HOME funds. The OHCD emphasizes that no County General Funds <br />are involved. <br /> <br /> Re: Comm. 662 <br /> Intr. by: Mr. Hoffmann <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Bill 226: AMENDS CHAPTER 11, HAWAI‘I COUNTY CODE 1983 (2005 EDITION, AS <br />AMENDED), RELATING TO AFFORDABLE HOUSING POLICY <br />Amends Section 11-5 (Satisfaction of affordable housing credits) to provide more <br />practicable parameters for satisfaction of an affordable housing requirement by <br />conveyance of land. This was triggered by barriers in the implementation of Chapter 11 <br />with specific regard to the appraisal value of land as it relates to market price <br />fluctuations. <br /> <br /> Re: Comm. 663 <br /> Intr. by: Mr. Hoffmann <br /> <br /> Page 10 <br /> <br />