Demand for affordable housing in Hawaiʻi is rising, and so is the number of developers seeking to meet that demand. And now federal changes could mean more housing built.
Developers seeking to build affordable housing in Hawaiʻi reached a high this year of 35 project applications, according to the Hawaiʻi Housing Finance and Development Corporation, or HHFDC.
The agency administers the state’s low-income housing tax credit program. So far, four of the projects have been funded, and there are more awards to come later in the year…