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HomeMy WebLinkAboutCOM 0853.000 2016-2018 • MivofHq • Harry Kim 'W "�•'�• Deanna S. Sako Mayor � ' Director �; •::•�.�.• Nancy Crawford •''•14 OF'41. Deputy Director • County of Hawaii f Finance Department 25 Aupuni Street,Suite 2103 • Hilo,Hawai`i 96720 =-.r (808)961-8234 • Fax(808)961-8569 �:r March 21, 2018 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 - Enclosed is a bill for an ordinance amending the Operating Budget by appropriating $2,425,000 of into the Office of Housing and Community Development's HOME Investment Partnerships Program (HOME) grant account(s). This appropriation reflects funding allocations anticipated from HUD for the Program Year (PY) 2018. The bill sets up the proper accounts to receive and expend the HOME funds. This bill is being submitted concurrently with bills to appropriate funds from the Housing Trust Fund (HTF) and Community Development Block Grant (CDBG). Also being submitted concurrently with this and the other bills is a resolution to authorize the Mayor to execute and submit the amended Consolidated and 2018 Hawai`i Action Plans. If there are any questions, please do not hesitate to call Christine Nguyen of the Office of Housing and Community Development at 961-8379. Deanna S. Sako Director of Finance Enc. c: OHCD Comm. No. ggC3 Ref. To: F C- c12`11 V3 4 / Ref. Date MAR 2 9 2018 '�J Hawai`i County is an Equal Opportunity Provider and Employer Form#:B-52 7/18/91 DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION DEPARTMENT: Office of Housing & Community Dev. Date: 3/7/18 STAFF CONTACT: Brandi Ah Yo PHONE: 961-8379 A. REQUEST: Please submit the attached bill to amend Ordinance No. 17-39, as amended, the Operating Budget for the County of Hawaii for the Fiscal Year ending June 30, 2018 to add HOME Investment Partnerships Program (HOME) revenue and appropriate the same for the General Fund, as follows: 010.3301.91 Federal HOME Grant $2,375,000.00 010.3607.09 HOME Grant - Program Income 50,000.00 010.951.5951.86 Kaloko Heights Affordable Housing $1,400,000.00 010.951.5951.87 Tenant Base Rental Assistance Program $ 900,000.00 010.951.5951.88 OHCD Administration $ 125,000.00 Please also submit a resolution approving and adopting the 2018 County of Hawaii Action Plan and authorizing the Mayor of the County of Hawaii to execute and submit the Consolidated/Action Plan and all other related documents to the U.S. Department of Housing and Urban Development (HUD) for the CDBG, HOME and HTF Programs. B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED) : This appropriation reflects anticipated HOME funding from HUD for the PY2018 HOME program 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. Hawaii Housing Finance and Development Corporation (HHFDC) is the direct recipient of the HOME and HTF funds and Hawaii County is the state recipient. As the direct recipient of HOME and HTF funds, HHFDC is required to submit its Annual Action Plan to HUD before receiving its 2018 allocation. The 2018 activities that will be carried out with the County of Hawaii's HOME and HTF funds will be submitted to HHFDC and included in their Annual Action Plan. SIGNED: I DATE: MAR 16 2018 (/;-- Depa' tme t Head • GRANT SUMMARY (Supplement to B-52, Request for Council Action) Type of Grant Appropriation being requested: (New or an additional appropriation) ® New (for this fiscal year period). OR n Additional appropriation (to an existing grant); Is a draft agreement attached? Has the original grant notification been transmitted to n Yes ® No Council? n Yes n 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: Brandi Ah Yo Phone Number: 961-8379 Amount of Grant: $2,425,000.00 Grant Period (Commencement & Completion): 7/1/2018 -'6/30/2023 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? Budgeted in account# : In-kind? Explain: Explanation: N/A County's personnel requirements: Amount of new position(s)? Qty: Permanent: n Temporary: n, Duration: Full-time: n Part-time: n, Time Element: Qty: Contractual: n Explain: \ Explanation: N/A Additional Comments about Grant: B-52 Grant Summary Form