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HomeMy WebLinkAboutREP FC 181 2014/08/05 (2012-2014) REPORT OF THE COMMITTEE ON FINANCE DATE: August 5, 2014 Re: Comm. No. 950/Res. No. 471-14 PLACE: Council Chambers Hilo, Hawai`i TIME: 10:48 a.m. Council Chair and Members Hawai`i County Council Hilo, Hawai`i 96720 Your Committee on Finance, to which was referred Resolution No. 471-14, reports as follows: Resolution No. 471-14, transmitted by Finance Director Nancy Crawford, via Communication No. 950 dated July 18, 2014, authorizes the Mayor to enter into a multi-year Housing Assistance Payment Contract (Agreement) with the property owner of the project selected for the Section 8 Project-Based Voucher Program (PBV Program) as offered through a Public Notice dated April 13, 20, and 27, 2014. The Office of Housing and Community Development has selected Na Kahua Hale 0 Ulu Wini, Kamakana Villages (Senior Affordable Housing Community and Multi Family Affordable Housing Community), and Mohouli Heights Neighborhood Residence, Phase II. This program makes rental housing units available to low-income families. There was no discussion on this measure. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 471-14, and recommends its adoption. Sc AYES NOES ABS EX Respectfully submitted, EOFF X FORD x COMMITTEE ON FINANCE ILAGAN X KANUHA X KERN X ONISHI X POINDEXTER x VALERIE T. POINDEXTER, CHAIR WILLE X FC REPORT�U�: YOSHIMOTO X ADOPTED: