Title
BILL 34 (2024), AMENDING THE FISCAL YEAR 2024 BUDGET: APPENDIX A, PART II, AFFORDABLE HOUSING FUND (HALE PILINA) (BFED-81)
Description
The Committee is in receipt of Bill 34 (2024), entitled “A BILL FOR AN ORDINANCE AMENDING THE FISCAL YEAR 2024 BUDGET FOR THE COUNTY OF MAUI, APPENDIX A. PART II, SPECIAL PURPOSE REVENUES - SCHEDULE OF REVOLVING/SPECIAL FUNDS FOR FISCAL YEAR 2024, AFFORDABLE HOUSING FUND, HALE PILINA.” Bill 34’s purpose is to amend the Fiscal Year 2024 Budget, Appendix A, Part II, Special Purpose Revenues - Schedule of Revolving /Special Funds for Fiscal Year 2024, Affordable Housing Fund, by adding the following new conditional language for the Hale Pilina Project: “Up to $10,000,000 must be for a grant to Catholic Charities Housing Development Corporation for the Hale Pilina Project. The Hale Pilina project will include 18 units at or below 30 percent of the AMI, 18 units at or below 50 percent of the AMI, 142 units at or below 60 percent of the AMI, and one unit for an onsite manager. The affordability period is 61 years. TMK (2) 3-7-013:026 located at 150 South Puʻunene Avenue, Kahului, Maui, Hawaiʻi.”
Status
The Committee may consider whether to recommend passage of Bill 34 (2024) on first reading, with or without revisions. The Committee may also consider the filing of Bill 34 (2024) and other related action.