HomeMy WebLinkAboutCOM 0685.000 2018-2020 Harry Kim o`''.y;•, Deanna S. Sako
Mayor �
.4 ��,Lil„ ` Director
Steven A. Hunt
••,u Deputy Director
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County of Hawaii ``�
Finance Department
25 Aupuni Street,Suite 2103 • Hilo,Hawaii 96720
(808)961-8234 • Fax(808)961-8569l'') h
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December 20, 2019 f,-.
Aaron Chung, Council Chair and
Members of the Hawai`i County Council
Hawai`i County Council
25 Aupuni Street
Hilo, Hawai`i 96720
Re: Resolution for multi-year agreement
Enclosed is a resolution authorizing the County to amend the current multi-year Housing
Assistance Payment Contract (Agreement) with the Ainakea Senior Residences LLP, ,
owners of Ainakea Senior Residences. On March 1, 2010, the County's Office of
Housing and Community Development entered into a ten-year Housing Assistance
Payment Contract with Ainakea Senior Residences LLP, owners of Ainakea Senior
Residences, which was selected for the Section 8 Project-Based Voucher Program as
offered through a Public Notice dated July 26, August 2 and 9, 2009 and authorized
under Resolution 276-09 on November 18, 2009. The ten-year contract is ending on
February 29, 2020 and the owner has submitted a written request to extend the ten-year
agreement for an additional ten years to continue to provide rental assistance for up to 29
eligible participants.
If you have any questions, please do not hesitate to contact Duane Hosaka, Housing
Administrator at 961-8379.
41,1 aitiQ
xyDeanna S. Sako
Director of Finance
Enc. , /w
Comm. No: �J
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c: OHCD Ref. To:
'FC_
<Re' .4s5s- a'O> Ref. Date DEC 2 3 `2019
Hawai'i County is an Equal Opportunity Employer and Provider
Form#: B-52
7118191
DEPARTMENT OF FINANCE
REQUEST FOR COUNCIL ACTION
Office of Housing and Community
DEPARTMENT: Develo•ment DATE: 12/19/19
STAFF CONTACT: Duane Hosaka, Housing Administrator PHONE: 808-961-8379
A. REQUEST:
On March 1, 2010, the County of Hawaii entered into a 10-year Housing Assistance Payment Contract
(Agreement)with Ainakea Senior Residences LLP owners of Ainakea Senior Residences which provides
rental subsidies to 29 eligible elderly participants with incomes at 30%-50% of area median income. The
project was selected through a Public Notice dated July, 26, August 2 and August 9, 2009 and authorized
under Resolution 276 09 on November 18, 2009.
The purpose of the PBV program is to further the OHCD's overall goal to provide for the development of
viable communities in the county by providing decent housing, suitable living environments, expanding
housing and economic opportunities, and deconcentrating poverty..
The Office of Housing and Community Development(OHCD) requests Finance Committee and County
Council actions authorizing the Mayor to extend the initial multi-year Agreement with Ainakea Senior
Residences LLP owners of Ainakea Senior Residences.
B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED):
The initial 10-year contract expiration is February 29, 2020. The owner has submitted a written request to
amend the initial master agreement to extend the initial 10-year term to the maximum allowable by HUD of
20 years to February 28, 2030.
SIGNED:
-- DATE: 12119!19
Department Head