HomeMy WebLinkAboutREP FC 149 2020/10/06 2018-2020 REPORT OF THE
COMMITTEE ON FINANCE
DATE: October 6, 2020 Re: Comm. No. 1087/Bill No. 203
PLACE: Council Chambers
Hilo, Hawai`i
TIME: 11:03 a.m.
Council Chair and Members
Hawai`i County Council
Hilo, Hawai`i 96720
Your Committee on Finance, to which was referred Bill No. 203, reports as follows:
Bill No. 203, transmitted by Finance Director Deanna Sako, via Communication No. 1087
dated September 18, 2020, amends Ordinance No. 20-45, as amended, the Operating Budget for the
County of Hawai`i for the fiscal year ending June 30, 2021.
Bill No. 203 appropriates revenues in the Federal — Housing Assistance Program COVID-19 account
($1,101,466); and appropriates the same to the Housing Assistance Program COVID-19 account. Funds
would be used to pay for an increase in Section 8 rent due to the impact of the COVID-19 pandemic.
A motion to move Bill No. 203 to Council with a positive recommendation was made by Council
Member Herbert M. "Tim" Richards, III, and seconded by Council Member Rebecca Villegas.
Office of Housing and Community Development Administrator Duane Hosaka addressed Your
Committee, noting that the federal Housing and Urban Development (HUD) office projected a
significant shortfall and was able to provide extra funds for increased rents for clients, including the
additional housing assistance needs due to COVID-19. He added that the funding was in addition to the
$20 million budget, and that unlike most of the CARES funds that have a December 30, 2020 spending
deadline, these HUD funds do not. This new funding will be used for the shortfall from June through
December 2020. Any remaining funds will be put into a reserve fund account for later use.
Approximately 2,030 clients will benefit from these funds.
Your Committee on Finance is in accord with the purpose and intent of Bill No. 203, and recommends
its passage on first reading.
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AI ES NOES ABS EX Respectfully submitted,
CHUNG X
DAVID x COMMITTEE ON FINANCE
EOFF X
KANEALI`1-KLEINFELDER X / �-
KIERKIEWICZ X / � �
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LEE LOV X r-�,�
POINDEXTER x MAILE I I i • YID, CHAIR
RICHARDS X FC REPORT NO.: 149
VILLEGAS X ADOPTED: OCT 2 1 2020