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DATE: May 20, 2025 <br />PLACE: Council Chambers <br />Hilo, Hawaii <br />TIME: 9:00 a.m. <br />Council Chair and Members <br />Hawaii County Council <br />Hilo, Hawaii 96720 <br />REPORT OF THE <br />COMMITTEE ON FINANCE <br />Re: Comm. No. 292/Res. No. 182-25 <br />Your Committee on Finance, to which was referred Resolution No. 182-25, reports as follows: <br />Resolution No. 182-25, transmitted by Finance Director Diane Nakagawa via Communication <br />No. 292, dated May 2, 2025, authorizes the Mayor to enter into an agreement with the University of <br />Hawaii, Hawaii Housing Finance and Development Corporation. <br />This resolution allows for the receipt of $1,977,568 of federally -derived funds to be used towards the <br />Kuakini Heights Affordable Housing Project. <br />Housing Administrator Kehaulani Costa was present and provided background on this measure. <br />Committee Members Ashley L. Kierkiewicz and Rebecca Villegas commented in support. <br />Committee Member Jenn Kagiwada asked if all their federal funding was secure and there was no plan <br />for it to be taken back by the government. Ms. Costa stated that she was unaware of any plans for the <br />government to take this funding back. <br />Your Committee on Finance is in accord with the purpose and intent of Resolution No. 182-25, and <br />recommends its adoption. <br />ikh <br />AYES <br />NOES <br />ABS <br />EX <br />GALIMBA <br />X <br />HUSTACE <br />X <br />INABA <br />X <br />KAGIWADA <br />X <br />KANEALI`I-KLEINFELDER <br />X <br />KIERKIEWICZ <br />X <br />KIMBALL <br />X <br />ONISHI <br />X <br />VILLEGAS <br />X <br />Respectfully submitted, <br />ON FINANCE <br />MATS' KANEAS I`I-KLEINFELDER, <br />FC REPORT I.: 52 L <br />ADOPTED: <br />