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HomeMy WebLinkAboutRES 093 Draft 01 1994-1996COUNTY OF HAWAII STATE OF HAWAII RESOLUTION N0. ~ 9Q RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE AND SUBMIT THE COUNTY OF HAWAII'S 1994 AND 1995 HOME PROGRAM DESCRIPTION TO THE STATE OF HAWAII AND ENTER INTO AGREEMENT(S) WITH THE STATE OF HAWAII FOR THE 1994 AND 1995 HOME INVESTMENT PARTNERSHIP PROGRAM FUNDS WHEREAS, the U.S. Department of Housing and Urban Development (HUD) has invited the State to submit a program description for $3,000,000 in 1994 HOME Investment Partnership Program (HOME) funds and another program description for $3,000,000 in 1995 HOME funds; and WHEREAS, the State has designated the Housing Finance and Development Corporation (HFDC) as the agency to administer the HOME Program; and WHEREAS, the HFDC submitted the program description to HUD for the 1994 HOME program and will submit the 1995 Consolidated Plan for the 1995 HOME funds; and WHEREAS, the HFDC is making the HOME funds available to the counties of Hawaii, Maui, and Kauai; and WHEREAS, the County of Hawaii's share is anticipated to be $963,000 from the 1994 HOME funds and $963,000 from the 1995 HOME funds; and WHEREAS, the HOME Program is authorized under Title II of the Cranston-Gonzalez National Affordable Housing Act, Public Law 101-625; and WHEREAS, the primary objectives of the HOME Program are to expand the supply of decent, affordable housing for low and very low income families with emphasis on rental housing; to build State and local housing development capacity to carry out affordable housing programs; and to provide for coordinated assistance to participants in the development of affordable low income housing; and WHEREAS, the HFDC is requiring that the County of Hawaii submit a program description which outlines how the County of Hawaii will utilize the HOME funds; and WHEREAS, an executed Agreement between the County of Hawaii and the HFDC will provide the legal mechanism by which the HFDC can obligate the HOME funds to the County of Hawaii. NOW, THEREFORE, BE IT RESOLVED BY THE HAWAII COUNTY COUNCIL that the Mayor or his designated representative is hereby authorized to execute and submit the County of Hawaii's 1994 and 1995 HOME program description to the Housing Finance and Development Corporation. BE IT FURTHER RESOLVED that the Mayor or his designated representative is hereby authorized to enter into Agreements with the Housing Finance and Development Corporation for the 1994 and 1995 HOME Program funds. BE IT FURTHER RESOLVED that the County shall utilize the HOME funds in accordance with the approved County of Hawaii program descriptions and Agreements, and will comply with all pertinent U.S. Department of Housing and Urban Development rules and regulations governing the HOME Program. BE IT FURTHER RESOLVED that the Mayor or his designated representative is authorized to take any actions necessary to create and administer the HOME Program for the County of Hawaii. BE IT FURTHER RESOLVED that a copy of this resolution be transmitted to the Office of Housing and Community Development. This Resolution shall take effect immediately. Dated at Hilo, Hawaii, this 3rd day of Mav 1995. INTRODUCED BY: OUNCIL MEMBER, COUNTY OF HAWAII ROLL CALL VOTE COUNTY COUNCIL County of Hawaii Hilo, Hawaii I hereby certify that the foregoing RESOLUTION was by the vote indicated to the right hereof adopted by the COUNCIL of the County of Hawaii on May 3 1995 _ ATTEST: COUN'T'Y LERK CHAIRMAN & PRESIDING OFFICER AYES I NOES I ABS I EX Arakaki X Bonk-Abramson X ~~ X De Lima X Domingo X Osorio X ~~ X gay X Smith 0 ~ 1 Reference C-356 RESOLUTION NO. ~ 'gs