Letter dated October 19, 2023, transmitting notice of a transfer of general funds pursuant to Act 164, Section 5, SLH 2023.

This message from the Governor notifies state legislators that $5 million in general funds will be transferred to the Department of Business, Economic Development and Tourism and the Hawai'i Housing Finance and Development Corporation. These funds are intended to serve as matching money for the City and County of Honolulu's Affordable Rental Housing Construction Incentive Program. The transfer is being made under the authority of Act 164, Section 5, which was passed in the 2023 legislative session.