Episode 65: Hawaii HHFDC Opens 2026 LIHTC and Bond Funding Round

From Spring Street Management Group, this is The Spring Street Brief — your daily briefing on affordable housing in America. Today we discuss Hawaii's 2026 affordable housing funding round.Hawaii HHFDC announces 2026 funding round combining LIHTC, Hula Mae bonds, and Rental Housing Revolving FundHawaii faces among highest housing costs nationally with Honolulu median rents exceeding $2,500Geographic isolation and limited land create unique development constraints requiring deep subsidyHula Mae program provides tax-exempt bond financing paired with 4% LIHTC25% bond threshold enables more projects to qualify with smaller bond allocationsRental Housing Revolving Fund offers below-market gap financing loansQAP priorities include neighbor island projects and Native Hawaiian community developmentsConstruction costs in Hawaii typically exceed mainland averages by 30% or more. Developers should build appropriate contingencies into applications.Subscribe to The Spring Street Brief for daily insights on LIHTC, Section 8, HUD policy, and affordable housing finance.Keywords: Hawaii, HHFDC, Hawaii Housing Finance and Development Corporation, LIHTC, 4% LIHTC, Hula Mae, tax-exempt bonds, Rental Housing Revolving Fund, Honolulu, neighbor islands, Native Hawaiian, bond volume cap, 25% threshold, construction costs, gap financing, QAP, sustainable building, affordable housing, Spring Street Management Group]]>