The Hawaii Housing Finance and Development Corporation (HHFDC) has approximately $6.5 million of uncommitted funds available for eligible Rental Housing Trust Fund (RHTF) loans and grants in connection with the Fiscal Year 2009 funding round. Currently, the RHTF has pending applications of approximately $26.9 million, subject to approval of the Board of Directors of the HHFDC.

In addition to the available funds, the HHFDC anticipates receiving $15.0 million pursuant to Act 158, Session Laws of Hawaii 2008, for the funding of RHTF loans for eligible affordable rental projects.

All applications will be subject to funding availability and eligibility/qualifying guidelines of the program. Funds may be used for development, construction, acquisition, preservation, and substantial rehabilitation of rental housing units that meet the program’s criteria for eligibility. Applications for Project Awards will be available on December 29, 2008, and may be viewed or downloaded after December 29, 2008 from the HHFDC website at http://www.hawaii.gov/dbedt/hhfdc.

For additional information about the program, an application packet, or if you require special needs/auxiliary aids (i.e., large print, taped material, etc.), please contact Sherrie Kagawa at:

State of Hawaii
HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION
Rental Housing Trust Fund
677 Queen Street, Suite 300
Honolulu, Hawaii 96813
(808) 587-0567
or
call toll free from the neighbor islands at
274-3141, ext. 70567 from Kauai
984-2400, ext. 70567 from Maui
974-4000, ext. 70567 from Hawaii
1-800-468-4644, ext. 70567 from Molokai or Lanai

The HHFDC does not discriminate against any person because of race, color, religion, sex, including gender identity or expression, sexual orientation, disability, familial status, ancestry, age, marital status, or HIV infection.