Title
INTERGOVERNMENTAL AGREEMENT WITH THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION (BF-128)
Description
The Committee is in receipt of County Communication 18-45, from the Director of Housing and Human Concerns, transmitting a proposed bill entitled “A BILL FOR AN ORDINANCE AUTHORIZING THE MAYOR OF THE COUNTY OF MAUI TO ENTER INTO AN INTERGOVERNMENTAL AGREEMENT WITH THE HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION.” The purpose of the proposed bill is to authorize the Mayor to enter into an intergovernmental agreement with the Hawaii Housing Finance and Development Corporation (HHFDC), granting to the County of Maui funding for the HOME Investment Partnerships Program in the amount of $2,883,961. The funds will be used for the following activities: 1) Kaiwahine Village Phase 1, $2,250,000; 2) Kahoma Residential Subdivision, $483,113; and 3) Maui Administration, $150,848.
Status
The Committee may consider whether to recommend passage of the proposed bill on first reading, with or without revisions. The Committee may also consider the filing of County Communication 18-45 and other related action.