Maui Insite Banner
File #: CR 24-29    Version: 1
Type: Committee Report Status: Agenda Ready
File created: 3/1/2024 In control: Budget, Finance, and Economic Development Committee (2023-2025)
On agenda: 3/8/2024 Final action:
Title: Recommending FIRST READING of Bill 34, CD1 (2024) 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 a new condition to read as follows: "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 Pu'unene Avenue, Kahului, Maui, Hawai'i."
Attachments: 1. 24081aa_24-29
Related files: BFED-81 Bill 34 (2024)

Title

Recommending FIRST READING of Bill 34, CD1 (2024) 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 a new condition to read as follows: “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 Pu‘unene Avenue, Kahului, Maui, Hawai‘i.”