HomeMy WebLinkAboutRES 124 Draft 01 1992-1994COUNTY OF HAWAII
RESOLUTION NO
STATE OF HAWAII
12~ 53
RESOLUTION AUTHORIZING THE MAYOR TO ENTER INTO AN AGREEMENT WITH
THE HOUSING FINANCE AND DEVELOPMENT CORPORATION FOR THE 1992 AND
1993 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 1992 HOME investment Partnership
Program (HOME) funds and another program description for
$3,000,000 in 1993 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 program descriptions to HUD for
the 1992 and 1993 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 will be $750,000 from
the 1992 HOME funds and $863,000 from the 1993 HOME funds; and
WHEREAS, the HOME Program is authorized under Title II of
the Cranston-Gonzalez National Affordable Housing Act, Public
Law 101-625; and
WHEREAS, the primary objectives of the HOME Program are to
expand the supply of decent, affordable housing for low and very
low income families with emphasis on rental housing; build State
and local housing development capacity to carry out affordable
housing programs; and provide for coordinated assistance to
participants in the development of affordable low income housing;
and
WHEREAS, an executed Agreement between the County of Hawaii
and the HFDC will provide the legal mechanism by which the HFDC
can obligate the HOME funds to the County of Hawaii.
NOW, THEREFORE, BE IT RESOLVED BY THE HAWAII COUNTY COUNCIL
that the Mayor or his designated representative is hereby
authorized to enter into Agreements with the Housing Finance and
Development Corporation for the 1992 and 1993 HOME Program funds.
BE IT FURTHER RESOLVED that the Mayor of the County of
Hawaii is hereby authorized to select HOME projects and enter
into agreements for said HOME projects for the 1992 and 1993 HOME
Programs.
BE IT FURTHER RESOLVED that the County shall utilize the
HOME funds in accordance with the approved County of Hawaii
program descriptions and Agreements, and will comply with all
pertinent U.S. Department of Housing and Urban Development rules
and regulations governing the HOME Program.
BE IT FURTHER RESOLVED that the Mayor or his designated
representative is authorized to take any actions necessary to
create and administer the HOME Program for the County of Hawaii.
This Resolution shall take effect immediately.
Dated at Hilo, Hawaii, this 3rd day of November ,
1993.
INTRODUCED BY:
COUNC MEMBER, COUNTY OF HAWAII
COUNTY COUNCIL ROLL CALL VOTE
County of Hawaii
Hilo. Hawaii
I hereby oattity flat tha fora~oina RE90LUTION wu by
the vote indicated w the runt ~ieaof a$o~tea~y ttt~~C~UNCIL
of the Coonty of Hawaii on ovem r
~r
CHAIRMAN & PRESIDING OFFICER
AYES NOES ABS EX
~ X
~-~ X
cxlLDS X
DE LIMA X
DCY~K3D X
HALE X
RATH
_~ X
s~ X
9 0 0 0
terQH1GE l.OllnC 11 / (: riA (l U / l .i / y 3 )
i~soLVrlaN No. 12'3 s3