AFFORDABLE HOMEOWNERSHIP REVOLVING FUND (AHRF)

AHRF was established by Act 227, SLH 2021. It authorized the funding of Eligible Projects through loans provided by the Hawaii Housing Finance and Development Corporation (HHFDC). Eligible uses of AHRF funds include the development, pre-development, construction, acquisition, preservation, and substantial rehabilitation of affordable for-sale housing units. Eligible applicants are Community Development Financial Institutions (CDFIs) and nonprofit housing development organizations. Beginning May 15, 2024, applications will be continuously accepted until funding is exhausted. See the Notice of Funding Availability (NOFA) below for more details.

 

 

Program Contact Information
Email: [email protected]
Phone: (808) 587-0567
Total Funding: $5,000,000
In Process: $1,871,313
Available Funds as of 7/29/24: $3,128,687