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Form #: B-52 7/18/91 DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION Office of Housing & Community DEPARTMENT: Development DATE: 02/28/2018 STAFF CONTACT: Neil S. Gyotoku, Housing Administrator PHONE: (808) 961-8379 A. REQUEST: We request to amend Ordinance 17-39, The.2017-2018 Operating Budget to increase the Budget in the Housing Fund as follows: The Office of Housing and Community Development is requesting the appropriation of $ 75,000.00 to the Housing Choice Voucher Program (Account/Number 152.3301.54). This amount represent a projected increase in revenues from the US Department of Housing and Urban Development (HUD) to be use for Housing Assistance Payment subsidies, and is to cover the expenditures account number 152.461.5466.30.371, Voucher rental subsidies. B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): On February 22, 2018, the County of Hawai'i (County) was informed that HUD in collaboration with the Department of Veteran's Affairs (VA), V21/Pacific Islands HCS Facility, approved the County to receive an allocation of twenty-five (25) Fiscal Year 2017 HUD-Veterans Affairs Supportive Housing (VASH) vouchers. After the processing of the County's application, HUD will issued a formal, public Press Release for all FY17 HUD VASH awardees. HUD will send the County an award letter via email and a Consolidated Annual Contributions Contract (CACC) Amendment. The County anticipates that the HUD-VASH vouchers and funding will become available sometime in April 2018. The increase in appropriation reflects the updated allocation to be received from the U.S. Department of Housing and Urban Development for the period July 1, 2017 to June 30, 2018 for the Housing Choice Voucher HCV (Section 8 program). The $ 75,000.00 is to be used for payment of rental assistance for eligible participants in the program. The OHCD expects to expend this allocation by June 30, 2018. SIGNED: DATE: -MAR 2018 I e• it ent Head