Hawaii Housing Finance and Development Corporation Minutes 2026-04-09
RCAC Loan Increased for Nanaikeola Self-Help Housing Project
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Description
The Board approved an increase of the RCAC senior loan to $13,102,341 for the Nanaikeola Self-Help Housing project, consolidating previous commitments. This supports construction for 87 units targeting families between 50% and 80% Area Median Income. Loan closing is contingent upon permit and other funding conditions.
Contract Details
Contract Amount
$13,102,341
Vendor
RURAL COMMUNITY ASSISTANCE CORPORATION
Agency
Hawaii Housing Finance & Development Corporation, HI
Contract Type
FINANCIAL_SERVICES
Document Date
April 9, 2026
Renewal Info
Loan updated; previous amount was $7,924,198, now consolidated at $13,102,341.
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APPROVEDIssuing Agency
Hawaii Housing Finance & Development Corporation
State Housing Authority
Honolulu, HI
More from Hawaii Housing Finance & Development Corporation
Hawaii Housing Finance and Development Corporation Minutes 2026-04-09
Hawaii Housing Finance and Development Corporation Minutes 2026-04-09
Hawaii Housing Finance and Development Corporation Minutes 2026-04-09
Hawaii Housing Finance and Development Corporation Minutes 2026-04-09
Hawaii Housing Finance and Development Corporation Minutes 2026-04-09
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