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What’s new at HHFDC? 
 
  • PUBLIC HEARING NOTICE regarding the issuance of Multi-Family Housing Revenue Bonds. A public hearing will be held on Friday, July 26, 2024, regarding the proposed issuance of Multi-Family Housing Revenue Bonds (also known as TEFRA) for 5 projects. The agenda is here.
  • PUBLIC HEARING NOTICE on a five-year Consolidated Plan (CP) covering Program Years (PY) 2025 through 2029 (PY2025-2029) and an Annual Action Plan for PY 2025, as part of the consolidated planning process. A virtual public hearing is scheduled for Thursday, August 22, 2024, at 1 p.m. and an in-person public hearing is scheduled for Thursday, August 29, 2024, 9 a.m., at the OHCD Existing Housing Conference Room at 1990 Kinoʻole Street, Suite 104, in Hilo, Hawaiʻi. The purpose of the Consolidated Plan is to ensure that jurisdictions receiving federal assistance plan for the housing and related needs of low- and moderate-income families in a way that improves the availability and affordability of decent, safe, and sanitary housing in suitable living environments. To receive funding under certain U.S. Department of Housing and Urban Development (HUD) programs, the State must have a housing strategy that has been approved by HUD.
    • Information on the Hawaiʻi County public hearings is here
    • The 5- year Consolidated Plan Informational Packet and the Program Year 2025 Annual Action Plan are here
  • HHFDC’s Affordable Housing Inventory List of affordable rentals was updated. See it here. (July 5, 2024) 
  • The landing page for the Hawaiʻi Interim Housing Program (HIHP) is now LIVE here! HIHP assists surviving households displaced by the Maui wildfires by placing them in temporary state-sponsored housing. Those eligible can apply by visiting this page or by calling 1-808-727-1550 and completing the questions for your household. You must register an account online with a valid email address to receive program updates and provide required documentation. If you do not have an email address, call the contact center at 1-808-727-1550 for help having one created for you. HIHP is administered by the Hawaiʻi Office of Recovery and Resiliency (HORR) in collaboration with the state Department of Human Services (DHS) and the Hawaiʻi Housing Finance and Development Corporation (HHFDC). 

  • HHFDC’s popular statewide Affordable Housing Inventory List now has a companion Affordable Housing Inventory Locator Map that allows rental unit seekers to better filter their searches to reflect their own specific needs and preferences! See both features here. (NEW!)
  • The fee schedule for G-37 applications for GET tax exemptions is being updated for the fiscal 2025 year that begins on July 1, 2024. HHFDC may approve and certify exemptions from GET for qualified persons or firms involved with a newly constructed affordable housing project, or a moderately or substantially rehabilitated affordable housing project.

Click here to our Archives page to see previous news.

Ililani

VACANT UNITS REMAIN AVAILABLE AT AFFORDABLE-WORKFORCE ILILANI FOR-SALE CONDOMINIUM TOWER IN  KAKAʻAKO!!!

See this inspiring 3-minute video documenting the construction of this historic project!


HHFDC Views
Governor Josh Green, M.D., and other government officials joined the developers of the Ililani condominium project to celebrate the completion of the 328-unit project on May 17.
 
Ililani boasts 328 total units, with 197 deemed affordable one- and two-bedroom apartments. The development at Keawe and Pohukaina streets provides crucial housing opportunities for local families in the heart of one of the fastest growing neighborhoods on Oʻahu.
 
“Making housing more affordable for working class families so they can realize their dream of owning their first home is so heartwarming and will go a long way in addressing the affordable housing crisis,” Green said.
 
HHFDC reviewed, approved and transmitted the developer’s application requesting exemptions from several developer fees and charges to the Honolulu City Council, which subsequently approved the exemptions. Similarly, a number of exemptions from zoning and land-use regulations were granted with the concurrence of the state Hawaiʻi Community Development Authority.
 
Units remain available for purchase. Prices for one-bedroom units start at $477,500 and two-bedroom units cost as little as $582,100. Find more information at https://liveililani.com/.

For a list of the state’s Planned/In Construction affordable and workforce housing projects, go here

                                                                                                            Hale O Piʻikea (Kīhei, Maui)

Equal Housing Opportunity

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