State of Hawaii
HAWAII HOUSING FINANCE AND DEVELOPMENT CORPORATION
Rental Housing Trust Fund
NOTICE OF FUNDING AVAILABILITY FOR:
Project Awards
The Hawaii Housing Finance and Development Corporation anticipates making approximately $35.5 million of funds available for eligible Rental Housing Trust Fund loans and grants in connection with the Fiscal Year 2007 funding rounds. A portion of the available funds originated from General Obligation Bonds issued by the State of Hawaiis Department of Budget and Finance, and therefore should be considered federally subsidized funds. (Currently, the Rental Housing Trust Fund has pending applications of approximately $16,235,763 million, subject to approval of the Board of Directors of the Hawaii Housing Finance and Development Corporation.)
In addition to the available funds, the Hawaii Housing Finance and Development Corporation may issue up to $15 million of revenue bonds for the funding of Rental Housing Trust Fund 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, substantial rehabilitation of rental housing units that meet the program\u2019s criteria for eligibility. Applications for Project Awards will be available on November 1, 2006.
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.
Orlando Dan Davidson
Executive Director
Hawaii Housing Finance and Development Corporation
Department of Business, Economic Development and Tourism
State of Hawaii (SB05525276 10/27/06)
