COM 0713.000 2018-2020 - Laserfiche WebLink

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3 Form #: B-52 7118191 DEPARTMENT OF FINANCE 'r REQUEST FOR COUNCIL ACTION I Office of Housing & Community DEPARTMENT: Development DATE: 0111512020 STAFF CONTACT: Duane Hosaka, Housing Administrator PHONE: (808) 961-8379 A. REQUEST: We request to amend Ordinance 19-73. The 2019-2020 Operating Budget to increase the Budget in the Housing Fund as follows: The Office of Housing and Community Development is requesting the appropriation of$48,101.00 to the Housing Choice Voucher Program (Account Number 152.3301.54). This amount represents a projected increase in revenues from the US Department of Housing and Urban Development (HUD) to be used for Housing Assistance Payment subsidies (VASH), 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 December 17, 2019, 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, awarded the County under Notice 2019-15 (Registration of Interest for HUD-VASH Vouchers from the FY19 allocation) to receive an allocation of ten (10) Fiscal Year 2019 HUD-Veterans Affairs Supportive Housing (VASH) vouchers. On January 13, 2020, HUD sent the County an award letter via email and a Consolidated Annual Contributions Contract (CACC) Amendment. The agreed upon effective date for these intial HUD-VASH vouchers and funding will be April 1, 2020. 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, 2019 to June 30, 2020 for the Housing Choice Voucher HCV (Section 8 program). The $ 48,101.00 is to be used for payment of rental assistance for eligible participants in the program. SIGNED: DATE: Department Head