Title
LILOA HALE SENIOR RENTAL HOUSING PROJECT (KIHEI) (BFED-58)
Description
The Committee is in receipt of the following:
1. County Communication 21-378, from the Director of Housing and Human Concerns, transmitting a proposed resolution entitled “AUTHORIZING THE DIRECTOR OF THE DEPARTMENT OF HOUSING AND HUMAN CONCERNS TO MODIFY THE REQUIREMENTS OF CHAPTER 2.96, MAUI COUNTY CODE, IN RELATION TO THE COUNTY’S PURCHASE OPTIONS, AND APPROVING CERTAIN FINANCING STRUCTURE COMPONENTS RELATING TO THE USE OF FUNDS RECEIVED THROUGH CHAPTER 3.35, MAUI COUNTY CODE, FOR THE LILOA HALE SENIOR RENTAL HOUSING PROJECT.” The purpose of the proposed resolution is to obtain Council approval on Liloa Hale Senior Rental Housing Projects utilizing certain financing structure components relating to funds received under Chapter 3.35, Maui County Code.
2. County Communication 21-383, from the Budget Director, transmitting a proposed bill entitled “A BILL FOR AN ORDINANCE AMENDING APPENDIX A OF THE FISCAL YEAR 2022 BUDGET FOR THE COUNTY OF MAUI AS IT PERTAINS TO PART II, SPECIAL PURPOSE REVENUES - SCHEDULE OF REVOLVING/SPECIAL FUNDS FOR FISCAL YEAR 2022, AFFORDABLE HOUSING FUND (LILOA HALE PROJECT).” The purpose of the proposed bill is to amend the Fiscal Year 2022 Budget, Appendix A, Part II, Special Purpose Revenues - Schedule of Revolving/Special Funds, by adding an appropriation under the Affordable Housing Fund for the Liloa Hale Project in the amount of $4,300,000.
Status
The Committee may consider whether to recommend adoption of the proposed resolution and passage of the proposed bill on first reading, with or without revisions. The Committee may also consider whether to recommend the filing of County Communication 21-378 and County Communication 21-383 and other related action.