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HomeMy WebLinkAboutCOM 0662.000 2022-2024 Mitchell D.Roth JMSYOF f Deanna S. Sako tR•� ".� Director Mayor � ,, .��,J�% -=m-=* '_ Diane Nakagawa , ••� , oFi Deputy Director • County of Hawaii Finance Department 25 Aupuni Street,Suite 2103 • Hilo,Hawaii 96720 (808)961-8234 • Fax(808)961-8569 u .') Q C) December 20, 2023 t. t v "t cp4::?-‹ Heather Kimball, Council Chair and -.1 c- Members of the Hawai`i County Council .�:.-;,r;^, Hawai`i County Council t' , :;:-•; 25 Aupuni Street f Hilo, Hawai`i 96720 • Re: Operating Budget The U.S. Department of Housing and Urban Development is providing an additional $5,000,000 to the Office of Housing and Community Development's Housing Choice Voucher Program. The funds will be used for rental assistance for eligible participants in the program. In the current fiscal year's budget, $23,000,000 is appropriated for this grant. Enclosed is a bill for an ordinance amending the Operating Budget by appropriating the additional funds into the Office of Housing and Community Development's Choice Voucher Rental Subsidies account, bringing the total grant appropriation to $28,000,000. If there are any questions,please do not hesitate to call Susan Kunz or Kehau Costa of the Office of Housing and Community Development at 961-8379. Deanna S. Sako Director of Finance Enc. c: OHCD ✓l tk \AO Comm. No. (IL ..._., .. Ref. To: Hawai'i County is an Equal Opportunity Employer and ProviderRef. Date nric 2 0 2 Form#: B-52 7/18/91 DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION Office of Housing &Community DEPARTMENT: Development DATE: December 7, 2023 STAFF CONTACT: Susan Kunz, Housing Administrator PHONE: (808) 961-8379 A. REQUEST: Amend Ordinance 23-50 by appropriating the following: The Office of Housing and Community Development is requesting the appropriation of$5,000,000 to the Housing Choice Voucher Program (Account Number 152.3301.54). This amount represents a 21.5% additional increase in revenues received from the US Department of Housing and Urban Development (HUD) to be used for Housing Assistance Payment subsidies, 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 February 15; 2023 , OHCD was notified by HUD of an increase in appropriation of 21.5%which reflects the updated allocation to be received from the U.S. Department of Housing and Urban Development for the Housing Choice Voucher HCV (Section 8 program). The$5,000,000 is to be used for payment of rental assistance for eligible participants in the program. OHCD expects to expend this allocation by June 30, 2024. This increase is to reflect more closely the Section 8 Program funding the County is to receive for the fiscal year. S41/ SIGNED: DATE: 'L1,123 department Head GRANT SUMMARY (Supplement to B-52,Request for Council Action) Type of Grant Appropriation being requested: New or an additional appropriation) ❑ New(for this fiscal year period). OR ® Additional appropriation(to an existing grant); Is a draft agreement attached? Has the original grant notification been transmitted to ❑ Yes ❑No Council? ❑ Yes ®No Name of Grant Program: Housing Choice Voucher Program Grantor: U.S.Department of Housing and Urban Development(HUD) County Grantee Department or Agency: Office of Housing and Community Development(OHCD) County Grantee Contact Person: Susan Kunz/Kehau Costa Phone Number: (808)961-8379 Amount of Grant: $5,000,000.00 Grant Period(Commencement&Completion): 07/01/2023 -6/30/2024 Purpose of Grant: Additional funding for the Housing Choice Voucher Program,represents a 21.5% additional increase in revenues from HUD to be used for Housing Assistance Payment subsidies. OHCD expects to expend this allocation by 6/30/2024. Funding Source: ®Federal ❑Federal,passed-through state ❑State *If Federal,passed-through state,provide Federal Agency: County Match required?: ❑ Yes ®No If yes, Matching Amount? Budgeted in account# : In-kind?Explain: Explanation: County's personnel requirements: Amount of new position(s)? Qty: Permanent: ❑ Temporary: ❑,Duration: Full-time: ❑ Part-time: ❑, Time Element: Qty: Contractual: ❑ Explain: Explanation:N/A Additional Comments about Grant: B-52 Grant Summary Form