HomeMy WebLinkAboutCOM 0721.002 2020-2022 YY OF p
Dr. Holeka taoro Inaba Heathen Kimball
Council Member,District 8 Council Member,District I
Office: 8081323-4280 "" Office: 8081961-8828 j
holeka.inaba@hawaiicounty.govs�= , heather.kimball@hawaiicounty.gov
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HAWAII COUNTY COUNCIL
County of Hawaii
West Hawai`i Civic Center, Bldg.A
74-5044 Ane Keohokalole Hwy.
Kailua-Kona,Hawai'i 96740 3 `
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DATE: April 29, 2022 r r
TO: Maile Medeiros David, Chair 99
And Members of the Hawaii County Council
FROM: Holeka Goro Inaba, Council District 8
Heather Kimball, Council District 1
SUBJECT: Amends Bill No. 152; An Ordinance Amending Chapter 2, Article 13, Division 3,
Section 2-75 of the Hawaii County Code 1983 (2016 Edition, as Amended),
Relating to the County Housing Program Revolving Fund.
Please see below a proposed amendment to Bill No. 152. The proposed amendment is illustrated
below in Ramseyer format with respect to the contents of Bill No. 152;material to be deleted is
bracketed and stricken, and material to be added is underscored.
SECTION 1 of Bill No. 152 is amended to read as follows:
"Section 2-75. Use of the County housing program revolving fund.
(a) The County housing program revolving fund shall be utilized for the following:
(1) Planning, design, and development of affordable housing units either by the County
or by non-profit housing development partners;
(2) Exercising the buy-back option running in favor of the County contained in any
conveyance document and to pay the costs of maintaining, repairing,renting, or
reselling units purchased by the County pursuant thereto;
(3) Acquisition of vacant land for use as affordable housing, that may be developed by
the County or with non-profit partners;
(4) Acquisition of existing structures for use as affordable housing;
(5) Rehabilitation of existing structures currently in use as affordable housing or acquired
by the County to use for affordable housing;
(6) Infrastructure to support affordable housing development;
Ref. To: 91 LOLAMA
Ref, Bate Y
Hawai`i County Is an Equal Opportunity Provider and Employer
(7) Subsidies, grants, and loans to support very [leen] low-income, lower-incomes
and moderate-income households with upfront costs for rental units or mortgage
financing;
(8) Subsidies, grants, and loans to support very [low and] low-income, lower-income,,
and moderate-income households with rental assistance or mortgage payments to
prevent houselessness or foreclosure; or
(9) Purchasing of deed restrictions on private properties limiting resale to qualified
buyers at resale values for lower-income and moderate-income households in
perpetuity as established by the office of housing and community development
administrative rules.
(b) Any interest earned by the fund and any advanced costs that are recovered from housing
project funds shall be returned to the revolving fund.
(c) Whenever used in this section, unless the context otherwise requires;
"Lower-income household"means households with incomes from 50%to 80% of[A-NK]
the area median income.
"Moderate-income household"means households with incomes from 80% to 120%of
[AM!.] the area median income.
"Very low-income household"means households with incomes from 0%to 50% of[AML]
the area median income."
Due to the limited scope of this amendment, a draft copy of the bill that would result if this
proposed amendment is adopted is not attached.
Thank you.
HGI/wpb
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