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Form #: B-52 <br /> 7/18/91 <br /> DEPARTMENT OF FINANCE <br /> REQUEST FOR COUNCIL ACTION <br /> DEPARTMENT: Office of Housing & Comm Development DATE: <br /> STAFF CONTACT: Stephen J. Arnett, Housing Administrator PHONE: 808-961-8379 <br /> A. REQUEST: <br /> The Office of Housing and Community Development (OHCD) requests Finance Committee and Council <br /> actions authorizing the Mayor to enter into a multi-year Housing Assitance Payment Contract (Agreement) <br /> with property owners or property managers of selected projects for the Section 8 Project Based Voucher <br /> Program (PBV Program) offered through a Public Notice dated February 12, 19, and 29, 2012. <br /> B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): <br /> The purpose of the PBV Program is to encourage property owners to make available rental housing units <br /> to low-income families that are not within the current housing fair market rents. The OHCD will attach an <br /> Agreement to existing structures. <br /> The OHCD, through the RFP has selected existing and proposed projects: : Na Kahua Hale 0 Ulu Wini <br /> located in Kailua-Kona (39 vouchers), E Komo Mai located in Hilo (11 vouchers) and the proposed Kamakana <br /> Senior Residences located in Kailua-Kona (29 vouchers). <br /> SIGNED: DATE: <br /> Head <br />