HomeMy WebLinkAboutREP FC 006 2025-01-07 2024-2026REPORT OF THE
COMMITTEE ON FINANCE
DATE: January 7, 2025
PLACE: Council Chambers
Hilo, Hawaii
TIME: 2:02 p.m.
Council Chair and Members
Hawaii County Council
Hilo, Hawaii 96720
Re: Comm. No. 68/Res. No. 47-25
Your Committee on Finance, to which was referred Resolution No. 47-25, reports as follows:
Resolution No. 47-25, transmitted by Finance Director Diane Nakagawa via Communication
No. 68, dated December 18, 2024, approves the award of funds to various organizations for
programs addressing affordable housing by the Office of Housing and Community Development.
This resolution allows for grant awards to Hale Ola O Mohouli LLLP ($3,200,000) and Kuakini
Family I LP ($5,000,000) for the development of affordable rental units and $5,075,000 to be retained
by the Office of Housing and Community Development for the development of 25 single-family
dwellings for workforce housing ($4,200,000) and to provide financial assistance to 17 low-income
homeowners to conduct essential repair work ($875,000).
Housing Administrator Kehaulani Costa and Housing and Economic Development Specialist Royce
Shiroma were in Chambers for questions.
Ms. Costa provided a brief overview on this matter.
Committee Member Holeka Goro Inaba commented in support of this measure.
Your Committee on Finance is in accord with the purpose and intent of Resolution No. 47-25, and
recommends its adoption.
Ikh
AYES
NOES
ABS
EX
GALIMBA
X
HUSTACE
X
INABA
X
KAGIWADA
X
KANEALI`I-KLEINFELDER
X
KIERKIEW ICZ
X
KIMBALL
X
ONISHI
X
VILLEGAS
X
Respectfully submitted,
COMMITTEE ON FINANCE
MATT KANEAkI`I-KLEINFELDER,
• UPO NO.: •
ADOPTED: