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HomeMy WebLinkAboutCOM 0699.000 2008-2010William P Kenot ,t(arnr February 2, 2010 J Yoshimoto, Council Chair and Members of the Hawai'i County Council Hawai'i County Council 25 Aupuni Street Hilo, Hawai'i 96720 Re: Operating Budget Nancy E. Crawford Director of Finance Enc. cc: OHCD County Finance 25 Aupuni Street, Suite (808) 961-8234 of Hawaii Department 2103 • Hilo, Hawaii 96720 • Fax(R08)961 -8569 Hawat7 County is an Equal Opportunity Provider and Employer O r) C Z r". a,- Fri Nancy E. Crawford Director Deanna S. Sako Deputy Director Enclosed is a bill for an ordinance amending the Operating Budget by appropriating an additional $2,741,000 into Office of Housing and Community Development's Housing Voucher Program. This increase in appropriation reflects the updated allocation to be received from the.U.S. Department of Housing and Urban Development for the period July 1, 2009 through June 30, 2010 for the Housing Choice Voucher (Section 8) Program. The $2,741,000 is to be used for payment of rental assistance for eligible participants of the program. The Office of Housing and Community Development expects to expand this allocation by June 30, 2010. If there are any questions, please do not hesitate to call the Office of Housing and Community Development. Comm. No. 10 19 Ref. To: CI F. Ref. Date FER 0 4 2010 Form #: B -52 7/18/91 DEPARTMENT: STAFF CONTACT: SIGNED: 8200bsIh DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION Ofc of Housing and Comm Development DATE: Stephen J. Arnett, Housing Administrator PHONE: 02/02/2010 961 -8379 A. REQUEST: The Office of Housing and Community Development is requesting the appropriation of $ 2,741,000.00 to the Housing Voucher Program (Account Number 152.3301.54). This amount represents an increase in revenues received from the U.S. Department of Housing and Urban Development to be used for Housing Assistance Payment subsidies, and is to cover the expenditure account number 152 - 461.5466.30.371, Voucher rental subsidies. B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): The increase in appropriation reflects the updated allocation to be received from the U.S. Department of Housing and Urban Development for the period July 1, 2009 through June 30, 2010 for the Housing Choice Voucher (Section 8) Program. The $ 2,741,000.00 is to be used for payment of rental assistance for eligible participants of the program. The OHCD expects to expand this allocation by June 30, 2010. DATE: 02/02/2010 Department Head