Hawaii Housing Finance and Development Corporation
Hawaii
The purpose of the Hula Mae Multi-Family (HMMF) Tax-exempt Bond program is to promote the development of new or the rehabilitation of existing rental housing projects through the issuance of tax-exempt revenue bonds for interim and/or permanent financing at rates below market interest rates.
Funding Year
2022
Program Status
Active
Total Funding
$332,000,000
Contact
Gordon Pang Hawaii Housing Finance and Development Corporation [email protected] 808-587-0597
How Provided?
Development bonds
Program Type
Income Eligibility Threshold
Duration
Info Source
NLIHC internet research
Last Updated
8/18/23 11:03
Other Eligibility Requirements
No other eligibility requirements
Coordinates Eligibility With
Does not coordinate with other systems
Income Eligibility Threshold Detail
20% of units at or below 50% AMI OR 40% of units at or below 60% AMI
Eligibility Limitations
Does not limit eligibility on these criteria
Priority Populations
Does not prioritize beyond eligibility requirements