Hula Mae Multi-Family Program
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The National Low Income Housing Coalition is providing this data as a public service. NLIHC will continue to update the database. The accuracy of the data is based on information provided by the programs' administrators and user submissions.
The Hula Mae Multi-Family program promotes development or rehabilitation of existing rental housing projects through tax-exempt mortgage revenue bonds. In 2011, two projects received a total of $25 million, supporting 279 units.
The Hula Mae Multi-Family program uses tax-exempt mortgage revenue bonds for the construction or acquisition of rental housing projects, often in conjunction with 4% federal Low Income Housing Tax Credits (LIHTC). As of June 2012, the program had issued 16 bond series, totaling $322 million. In 2013, bonds were issued for four additional projects, totaling $94 million.
Contact: Darren Veki, Hawaii Housing Finance and Development Corporation, 808-587-0597