Low-Income Housing Tax Credits & Rural Housing in Hawaii, 2016-2017

The Hawaii Housing Finance and Development Corporation establishes location-based point incentives in their 2016-2017 Qualified Allocation Plan (QAP) and demonstrate a preference for urban areas. Additional points are awarded for projects to be located in areas with established mass transit. 

During competitive scoring of projects applying for Low-Income Housing Tax Credits, Hawaii Housing Finance and Development Corporation (HHFDC) awards up to six points for project location and market demand. The points awarded will be based on HHFDC’s evaluation of factors such as, but not limited to:

  • Project is located in a county’s urban core/district (preference) versus rural district and is accessible to employment opportunities and shopping; and recreational, medical and educational facilities are located in the immediate vicinity of the project site. 
    • Located in a County’s urban core - 4 points 
    • Located in an urbanized area - 3 points 
    • Located in a master planned community - 2 points
    • Located in a rural district in proximity to employment opportunities and medical and educational facilities - 1 point 
    • Project may earn two additional points for availability of a mass transit station/stop within ½ mile. For Oahu, the term “mass transit” is exclusive to rail. For the neighbor islands, the term “mass transit” is not exclusive to rail.
Contributed By: 
National Housing Trust

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