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File #: BFED-30 Bill 33 (2025)    Version: 1
Type: Bill Status: Agenda Ready
File created: 3/4/2025 In control: Budget, Finance, and Economic Development Committee (2025-2027)
On agenda: 3/11/2025 Final action:
Title: BILL 33 (2025), AMENDING THE FISCAL YEAR 2025 BUDGET: APPENDIX A, PART II, AFFORDABLE HOUSING FUND, KAIAULU O NAPILI (BFED-30)
Attachments: 1. Bill 33 (2025), 2. Correspondence from Budget Director 03-03-2025, 3. Correspondence to Corporation Counsel 03-12-2025, 4. Correspondence from Corporation Counsel 03-17-2025, 5. Correspondence to Housing 03-18-2025, 6. Correspondence to Budget Director 03-20-2025, 7. Correspondence from Budget Director 03-27-2025, 8. Correspondence from Housing 03-27-2025
Related files: CR 25-18
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Title

BILL 33 (2025), AMENDING THE FISCAL YEAR 2025 BUDGET:  APPENDIX A, PART II, AFFORDABLE HOUSING FUND, KAIAULU O NAPILI (BFED-30)

 

Description

The Committee is in receipt of Bill 33 (2025), entitled “A BILL FOR AN ORDINANCE AMENDING THE FISCAL YEAR 2025 BUDGET FOR THE COUNTY OF MAUI, APPENDIX A, PART II, AFFORDABLE HOUSING FUND, KAIAULU O NAPILI.”  Bill 33’s purpose is to amend the Fiscal Year 2025 Budget by amending Part II, Special Purpose Revenues - Schedule of Revolving/Special Funds for Fiscal Year 2025, Affordable Housing Fund, by: 1) increasing the Estimated Balance as of 6/30/2024 from $14,767,090 to $26,659,683 and adjusting the Total for Fiscal Year 2025 accordingly, and 2) adding a new condition 11 for up to $650,000 to be used for a grant to A0746 Lahaina, L.P. for pre-development costs for the Kaiaulu O Napili Affordable Housing Project located at tax map key (2) 4-3-001:096, Napili, Maui, Hawaiʻi.

 

Status

The Committee may consider whether to recommend passage of Bill 33 (2025) on first reading, with or without revisions.  The Committee may also consider the filing of Bill 33 (2025) and other related action.