HomeMy WebLinkAboutCOM 0781.000 2016-2018 :-OJtZYOFH,�,
Harry Kim =�: w Deanna S. Sako
Mayor �`��' Director
Nancy Crawford
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Deputy Director
County of Hawaii
Finance Department
25 Aupuni Street,Suite 2103 • Hilo,Hawai`i 96720
(808)961-8234 • Fax(808)961-8569
February 23, 2018 c
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Valerie Poindexter, Council Chair and
Members of the Hawai`i County Council
Hawai`i County Council -�-
25 Aupuni Street .
Hilo, Hawai`i 96720 ,
-
Re: Operating Budget
The State Department of Housing and Urban Development is providing an additional $2,500,000
to the Office of Housing and Community Development's Housing Voucher Program. The funds
will be used for payment of rental assistance for eligible participants of the program. In the current
fiscal year's budget, $15,000,000 is appropriated for this grant.
Enclosed is a bill for an ordinance amending the Operating Budget by appropriating the additional
funds into the Office of Housing and Community Development's Voucher Rental Subsidies
account, and bringing the total grant appropriation to $17,500,000.
If there are any questions, please do not hesitate to call Neil S. Gyotoku, Housing Administrator, at
961-8379.
Deanna S. Sako
Director of Finance
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cc: OHCD
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Comm. No. 7 0 1
Ref. To: Fe—
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LRef. Date FEB 2 2018
Hawaii County is an Equal Opportunity Provider and Employer
Form #: B-52
7/18/91
DEPARTMENT OF FINANCE
REQUEST FOR COUNCIL ACTION .
Office of Housing & Community
DEPARTMENT: Development DATE: 02/20/2018
STAFF CONTACT: Neil S. Gyotoku, Housing Administrator PHONE: (808) 961-8379
A. REQUEST:
We request to amend Ordinance 17-39, The 2017-2018 Operating Budget to increase the Budget in the
Housing Fund as follows:
The Office of Housing and Community Development is requesting the appropriation of$2,500,000 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, 2017 to June 30, 2018 for the Housing Choice
Voucher HCV (Section 8 program). The $2,500,000 is to be used for payment of rental assistance for eligible
participants in the program. The OHCD expects to expend this allocation by June 30, 2018.
• In February of each year, the OHCD compares the County budgeted and HUD anticipated funding for the
Section 8 Program and adjust the budgeted amounts, if necessary; to reflect more closely the anticipated
Section 8 Program funding the County is to receive for the current fiscal year.
•
SIGNED: ' DATE: FEB 2 2018
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