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HomeMy WebLinkAboutCOM 0721.014 2020-2022 dill i52 Comm, From: Cindi Punihaole Sent: Sunday, April 17, 2022 4:26 PM j To: Council Testimony Subject: Testimony in Support of Bill 152 and Bill 153 wCD E: Strong Support of Bill 152 and Bill 153 u ani Hearing Date and Time:April 19, 2022, 10 am video teleconference s Aloha Council Members Matt Kaneali`i, Chair, Heather Kimball Vice-Chair, and the members of IV Committee on Finance As a kama`aina of Kona, it saddens me that our residents discover it very challenging to find affordable housing. These bills are realistic and pragmatic and can address this critical issue. I submit testimony in strong support of Bill 153,a Charter amendment bill to amend the Hawaii County Charter(2020 Edition) to appropriate a minimum of one percent of the certified real property tax revenues into the County Housing Program Revolving Fund. I submit testimony in strong support of Bill 152,which amends CHAPTER 2,ARTICLE 13, DIVISION 3, SECTION 2- 75 OF THE HAWAII COUNTY CODE 1983 (2016 EDITION,AS AMENDED) by expanding the uses of the Housing Program Revolving Fund to include: Acquisition of vacant land for use as affordable housing that may be developed by the County or with non- profit partners;Acquisition of existing structures for use as affordable housing; Rehabilitation of existing structures currently in use as affordable housing or acquired by the County to use for affordable housing; Infrastructure to support affordable housing development; Subsidies,grants,and loans to support very low and lower-income households with upfront costs for rental units or mortgage financing; Subsidies, grants, and loans to support very low and lower-income households with rental assistance or mortgage payments to prevent houselessness or foreclosure; or 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. Mahalo,for your kind consideration. Cynthia Punihaole Kennedy Comm. Fo. �- Ref, Fate F L ('ice i