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HomeMy WebLinkAboutCOM 0841.000 2022-2024Mitchell D. Roth Mayor County of Hawairi Finance Department 25 Aupuni Street, Suite 2103 • Hilo, HaNvai`i 96720 (808)961-8234 • Fax(808)961-8569 April 12, 2024 Heather Kimball, Council Chair and Members of the Hawaii County Council Hawaii County Council 25 Aupuni Street Hilo, Hawaii 96720 Re: Operating Budget Diane Nakagawa Director Aaron K.H. Brown Deputy Director LM ::0 M t-,) C;.. Enclosed is a bill for an ordinance amending the Operating Budget by appropriating the interest income from federal grants to the Office of Housing and Community Development's various Admin and program accounts. Funding will help to increase the number of households that can be provided with financial assistance and ensure effective operational management of the grants. If there are any questions, please do not hesitate to call Susan Kunz or Sharon Hirota of the Office of Housing and Community Development at 961-8379, Diane Nakagawa Director of Finance Enc. c: OHCD .4,WA\ \50 *7 Comm. No. D Ref. To: Hawaii County is an Equal Opportunity Employer and ProvideiRef. Dat APR I r) 71i�1! Form #: B-52 7/18/91 DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION Office of Housing and Community DEPARTMENT: Development DATE: March 22, 2024 STAFF CONTACT: Susan K. Kunz / Sharon L. H rota PHONE: 961-8379 A. REQUEST: The Office of Housing and Community Development (OHCD) is requesting to amend Ordinance 23-50 by appropriating the following. - Revenue: interest —Other Federal Interest - Expenditure: Emergency Rental Assistance Admin COViD-19 Cities for Financial Empowerment Emergency Rent Assist 2 Admin COVID-19 HaWali island Landlord/Tenant Mediation Program Hawaii Island Homeowner Assistance Program - Admin 152.3601,90 $ 620,000.00 152,xxxx.xx $ 2,000,00 152.461.5466.64 $ 10,000.00 162.461,5466.65 $ 2,000.00 152,461.5466,67 $ 500,000.00 152.461.5466.68 $ 10,000.00 152.461,5466.71 $100,000.00 The appropriation of $622,006.00 represents interest accrued from grant funds. B. BACKGROUND AND JUSTIFICATION USE ADDITIONAL SHEETS AS NEEDED): The accrued interest will be used towards program funding and administrative expenses, increasing the number of households that can be provided with financial assistance.and ensuring effective operational management of the grant funds, SIGNED: DATE: parlrr�enl Head �"