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HomeMy WebLinkAboutCOM 0238.000 2014-2016William P. Kenoi Mayor Deanna S. Sako Director Lisa K. Miura Deputy Director County of Hawaii Finance Department 25 Aupuni Street, Suite 2103 • Hilo, Hawaii 96720 (808)961-8234 • Fax(808)961-8569 March 25, 2015 .�-"r za w Dru Kanuha, Council Chair and Members of the Hawaii County Council %A Hawaii County Council 25 Aupuni Streets Hilo, Hawaii 96720 .o Re: Operating Budget Enclosed is a bill for an ordinance amending the Operating Budget by appropriating $2,922,000.21 into the Office of Housing and Community Development's (OHCD's) HOME Investment Partnerships Program. This appropriation reflects anticipated HOME funding from the United States Department of Housing and Urban Development (HUD) and program income received or anticipated to be received by the OHCD. The OHCD indicates that the funds will be utilized to expand the supply of affordable housing for low income persons, to enable local design and strategies for developing housing and to develop partnerships with public, private and nonprofit agencies. If there are any questions, please do not hesitate to call Noel Fujimoto of the Office of Housing and Community Development at 961-8379. 6.4, P /", Deanna S. Sako Director of Finance Enc. cc: OHCD \?it 1k 4 7^/ Comm. No. 2J _ Ref. To: Pr- lef, Date MAH 2 5 2015 Hawaii County is an Equal Opportunity Employer and Provider Form #:B-52 7/18/91 DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION DEPARTMENT: Office of Housing & Community Dev. Date: 03/12/15 STAFF CONTACT: Noel Fujimoto PHONE: 961-8379 A. REQUEST: Please submit the attached bill to amend Ordinance No. 14-81, as amended, the Operating Budget for the County of Hawaii for the Fiscal Year ending June 30, 2015 to add HOME Investment Partnerships Program (HOME) revenue and appropriate the same for the General Fund, as follows: 010.3301.91 Federal HOME Grant $2,852,059.00 010.3607.09 HOME Grant Program Income $ 69,941.21 010.951.5951.78 Tenant Based Rental Assistance $ 666,178.21 010.951.5951.79 Hale Ulu Hoi I and II Apartments - Renovations $ 400,000.00 010.951.5951.80 Mohouli Heights Senior Neighborhood 2 - Construction $ 669,287.00 010.951.5951.81 Habitat for Humanity Affordable Workforce Housing - Construction $ 600,000.00 010.951.5951.82 Kumakua Self -Help Housing, Increment 2B - Construction $ 160,000.00 010.951.5951.83 Micro Housing First Project - Acquisition $ 276,427.00 010.951.5951.84 OHCD Administration $ 150,108.00 B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): This appropriation reflects anticipated HOME funding from HUD for the PY2015 HOME program and program income received or anticipated to be received by the OHCD. These funds will be utilized to expand the supply of decent and affordable housing for low and very low income persons, enable local design and strategies for developing housing and develop public/private/non-profit partnerships. All of these projects will benefit persons of low and moderate income throughout the island of Hawaii. The Action Plan is submitted to HUD annually and includes the actual projects and activities that will be carried out with the County's 2015 HOME funds. It is required by HUD that the County of Hawaii submit its Action Plan before the County receives its 2015 HOME allocation. SIGNED: DATE: 3'I�SI�S Departm Head GRANT SUMMARY (Sunnlement to R-52- Renuect for Conneil Action) Type of Grant Appropriation bein re uested:(New or an additional appropriation) ® New (for this fiscal year period). OR ❑ Additional appropriation (to an existing grant); Is a draft agreement attached? Has the original grant notification been transmitted to ❑ Yes ® No Council? ❑ Yes ❑ No Name of Grant Program: HOME Investment Partnerships Program (HOME) Grantor: Hawaii Housing Finance and Development Corporation County Grantee Department or Agency: Office of Housing and Community Development County Grantee Contact Person: Noel Fujimoto Phone Number: 961-8379 Amount of Grant: $2,922,000.21 ($2,852,059.00 grant + $69,941.21 program income) Grant Period (Commencement & Completion): 7/1/2015 - 6/30/2020 Purpose of Grant: These funds will be utilized to expand the supply of decent and affordable housing for low and very low income persons. Also, these funds will be utilized to provide rental assistance to low and very low income persons. County Match required?: ❑ Yes ® No If yes, Matching Amount? In-kind? Explain: Explanation: N/A Budgeted in account# : County's personnel requirements: Amount of new position(s)? Qty: Permanent: ❑ Temporary: ❑, Duration: Full-time: ❑ Part-time: ❑, Time Element: Qty: Contractual: ❑ Explain: Explanation: N/A Additional Comments about Grant: B-52 Grant Summary Form