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HCHA meeting November 5, 2020 <br />could, as best as we could ... some of them we couldn't provide all the monies <br />that they wanted but we tried to give as much and tried diversify our monies to <br />the community. And basically some of them were food, were certain priorities <br />that we were trying to get out and of course, were trying to get out the money <br />as quickly as possible so some types of, where there was construction that would <br />take years to complete, that might have had a lower rating, a lower score <br />because of the time ... the timeliness that were trying to get ... whether its rental or <br />mortgage assistance, or food ... we could get it out quicker to the community. <br />Poindexter: I yield Chair. <br />Eoff: Okay thank you. Any other comments from Hilo? <br />Lee Loy: Yes. Chair please. <br />Eoff: Go ahead. <br />Lee Loy: Thank you Duane. I had a question around the monies, it's basically low <br />income, right? And we've seen the devastating effects on family with the <br />economy and so I'm just wondering if any thought is being given to ... yes we <br />have this funding now but I suspect were going to see the need, because so <br />many families will then fall into this low income or ... but there not in there now, <br />how do we plan for that because at some point as these people begin to <br />request the need, that income level of users will grow, has any thought been <br />given to that when we're looking at the different tranches of money as it comes <br />down? <br />Hosaka: Again I guess working with finance their COVID monies for rental and <br />mortgage assistance so when that started we put our monies on hold so <br />once... finance... or the State money that's being used up, then ours would start <br />to kick in, so it would last a little longer. Of course, you know the monies won't <br />last forever, so hopefully the families can get back on their feet within the next <br />several months and again if we can find additional monies we are always <br />looking for it so we can provide assistance longer. <br />Lee Loy: Thank you and we are all very hopeful turn around will be months. I'm <br />more realist, I think it will take a couple of years so a lot of this CDBG monies too <br />have a bigger window of use right, and remind me again how long we have to <br />utilize the money here? <br />Hosaka: So the CDBG monies we have five years but we don't expect it to be <br />that long, we are trying, or our goal is to use the money up within a year cause <br />we want to get it out to the public or our clients. <br />Page 15 of 36 <br />