RES 471 Draft 01 2012-2014 - Laserfiche WebLink

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,-J��ofH��••. COUNTY OF HAWAII ' ft: STATE OF HAWAII ..�OF•M' RESOLUTION NO. 471 14 A RESOLUTION AUTHORIZING THE MAYOR TO ENTER INTO A MULTI-YEAR HOUSING ASSISTANCE PAYMENT CONTRACT (AGREEMENT) WITH THE PROPERTY OWNER OF THE THE PROJECT SELECTED FOR THE SECTION 8 PROJECT-BASED VOUCHER PROGRAM (PBV PROGRAM) AS OFFERED THROUGH A PUBLIC NOTICE DATED APRIL 13, 20, AND 27, 2014. WHEREAS, Section 10-11 of the County Charter requires that any contract, lease or other obligation requiring payment of funds from the appropriations of a later fiscal year or of more than one fiscal year, be approved by resolution; and WHEREAS, the Office of Housing and Community Development(OHCD) published a Public Notice in the local newspapers informing property owners that the OHCD was accepting proposals for the Section 8 Project Based Voucher Program; and WHEREAS, under the Project-Based Voucher Program, the OHCD will attach a Section 8 Housing Assistance Payment Contract(Agreement) to an existing structure or newly constructed or rehabilitated housing; and WHEREAS, the purpose of the Section 8 Project-Based Voucher Program is to encourage property owners to make available rental housing units to low-income families that are not within the current housing fair market rents; and WHEREAS, the OHCD would like to assist one hundred eight (108) units in the County of Hawaii under the funding available for this purpose; and WHEREAS, the County of Hawai'i wishes to enter into a multi-year agreement with property owners or property managers of the selected by the OHCD utilizing the Section 8 Project Based Voucher Program's evaluation process; and WHEREAS, the OHCD is requesting authorization for the Mayor to enter into a multi- year agreement with property owners or property managers of the selected Project-Based Voucher projects; now, therefore, BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII that the Mayor is hereby authorized to enter into a multi-year agreement with Provider(s) for the Section 8 Project-Based Voucher Program offered through the Public Notice dated April 13, 20 and 27, 2014. BE IT FURTHER RESOLVED, that sufficient federal funds from the U.S. Department of Housing and Urban Development will be budgeted in future fiscal years to cover the anticipated obligations of the County under the terms of the agreement.