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HomeMy WebLinkAboutREP FC 085 2025-09-02 2024-2026REPORT OF THE COMMITTEE ON FINANCE DATE: September 17, 2025 Re: Comm. No. 477/Res. No. 301-25 PLACE: Council Chambers Kailua-Kona, Hawaii TIME: 9:01 a.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No. 301-25, reports as follows: Resolution No. 301-25, transmitted by Housing Administrator Kehaulani Costa via Communication No. 477, dated August 13, 2025, authorizes the payment of funds of later fiscal years to enter into a multi -year housing assistance payment contract with the property managers of affordable housing projects selected by the Office of Housing and Community Development for the project -based voucher program. This resolution authorizes the Mayor to enter into a multi -year agreement for the following proposed voucher projects: Ouli Ekahi Apartments, Hale Kikaha, and Na Kahua Hale O Ulu Wini. The estimated annual cost of the agreement would be up to $192,022, with a term of up to 20 years. Housing Administrator Kehaulani Costa was present and provided background on this matter. Committee Member Jenn Kagiwada questioned oversight of this program. Ms. Costa replied that they contract property managers. Committee Member Dennis "Fresh" Onishi commented on the amount of abandoned vehicles on the roadside of the Ulu Wini property and asked who manages the property as it is a safery hazard. Ms. Costa replied that she does not know who manages the fronting property at this time and would need to get back to him on that at a later date. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 301-25, and recommends its adoption. Ikh AYES NOES ABS EX GALIMBA X HUSTACE X INABA X KAGIWADA X KANEALI'I-KLEINFELDER X KIERKIEWICZ X KIMBALL X ONISHI X VILLEGAS X Respectfully submitted, COMMITTEE ON FINANCE MATT NEALI`I- EINFELDER, CHAIR FC REPORT NO.: 85 ADOPTED: OCT 0 8 9095