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HomeMy WebLinkAboutCOM 0848.000 2018-2020 .OJ�tY OF p,Harry Kim Deanna S. Sako :v :+.'•. Mayor ;n` �'�' Director • ;•AFS �;�,..�I* • Steven A. Hunt '''•,TE OF•MF'�•=- Deputy Director County of Hawaii Finance Department 25 Aupuni Street,Suite 2103 • Hilo,Hawai`i 96720 (808)961-8234 • Fax(808)961-8569 Zeb as March 18, 2020 Aaron Chung, Council Chair and Cn Members of the Hawai`i County Council tri. Hawai`i County Council 25 Aupuni Street M. Hilo, Hawai`i 96720 Re: g O eratin Budget P g In the current Budget Ordinance 19-73, $50,000 is appropriated in the Office of Housing and Community Development's (OHCD's) Home Program—Program Income account. Additional program income funds in the amount of$80,000 is anticipated to be collected. Enclosed is a bill for an ordinance amending the Operating Budget by appropriating these additional funds to OHCD's Home Program—Program Income account bringing the total appropriation to $130,000. This additional program income will be in the form of loan repayments for the OHCD's TBRA program. This bill is being submitted concurrently with a bill to appropriate funds from the Community Development Block Grant(CDBG). Also being submitted concurrently with this and the other bill is a resolution to authorize the Mayor to execute and submit the 2020 County of 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 Q Comm. No. .. 0LkS( n. Enc. Ref.:To: cr Ref.Dote ba\21320 c: OHCD • <But 1514 Hawai`i County is an Equal Opportunity Provider and Employer .• , • . . . • Form#:8-52 •:;-• • 7/18/91 • • • • - • • • DEPARTMENT OF FINANCE / , • REQUEST FOR COUNCIL ACTION ! • • _ . DEPARTMENT: - Office of Housing & Community Dev. Date: 03/16/20 „1. • • • • STAFF CONTACT:_ Alison Mukai PHONE: 961-8379 • REQUEST: • Please Submit the .attached bill to amend Ordinance No.19-73, as amended, the Operating Budget for the County Of Hawaii'for the Fiscal Year ending June 30, 2020 to increase HOME Investment -H.:. Partnerships Program (HOME) revenue and appropriate the same for the General Fund, as follows: • . • • • '. •'010.3607,09 • HOME Grant - Program Income 80,000.00 ' f, • 010,951.595/.87 Tenant Base Rental Assistance (TBRA) Program 72,000.00 • 010.951.5951,88 - HOME Grant - Administration, Misc. pontract Srvcs. 8,000,00 . . • • In the current Budget•Ordinance 19-73, $50,000 is appropriated in the Office of Housing and DeveloFment ..(OHCIDis) Home Program - Program Income Account. Additional program income is anticipated, bringing the total appropriation to $130,000.' . . . . . . . 13. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED) : •" r The Office of Housing and Community Development (OHCD) anticipates receiving $80,000.00 in program income for the TERA Program. This additional program income will come into the County as loan repayments. These program loan repayments will be put into the TBRA Program as revenue. • • • • , • • . . , • . . . SIGNED: 41.11,r DATE 3 tf-,2_13 Department Head . • • • • • . . J• • ; . • . . : . . • • • • •- • • • • • • • • • • . . GRANT SUMMARY (Suiplement to B-52,Request for Council Action) Type of Grant Appropriation being requested: (New or an additional appropriation) Ej New(for this fiscal year period). OR X4 Additional appropriation (to an existing grant), Is a draft agreement attached? Has the original grant notification been transmitted to E] Yes fl No Council? Yes ,,.. No Name of Grant Program: HOME Investment Partnerships Program (HOME) Grantor.: State of Hawaii Hawai`i Housing Finance and Development Corp. (HHFDC) County Grantee Department or Agency: Office of Housing and Community Development(OHCD) County Grantee Contact Person: Alison Mukai Phone Number: 961-8379 Amount of Grant: $80,000.00 Grant Period (Commencement &Completion): 7/1/2019 - 6/30/2020 Purpose of Grant: The OHCD anticipates receiving$80,000.00 in program income for the TBRA Program. This additional program income will come into the County as loan repayments. These program loan repayments will be put into the Tenant Based Rental Assistance(TBRA) Program as revenue. County Match required?: Yes No If yes, Matching Amount? Budgeted in account# : In-kind? Explain: Explanation: County's personnel requirements: Amount of new position(s)? Qty: Permanent: D Temporary: Ej, Duration: Full-time: Li Part-time: 0,Time Element: Qty: Contractual: Explain: Explanation: N/A Additional Comments about Grant: • B-52 Grant Summary Form