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 (HHFDC) has approximately $12.7 million of uncommitted funds available for eligible Rental Housing Trust Fund loans and grants in connection with the Fiscal Year 2008 funding rounds. Currently, the Rental Housing Trust Fund has pending applications of approximately $30.875 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 anticipates receiving $15 million pursuant to Act 213, Session Laws of Hawaii 2007, 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, and substantial rehabilitation of rental housing units that meet the program\u2019s criteria for eligibility. Applications for Project Awards will be available on November 1, 2007, and may be viewed or downloaded after November 1, 2007 from the website of the Hawaii Housing Finance and Development Corporation 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.

Orlando “Dan” Davidson
Executive Director
Hawaii Housing Finance and Development Corporation
Department of Business, Economic Development and Tourism
State of Hawaii (SB05531963 9/28/07)