CONTRACTAPPROVED

Hawaii Housing Finance & Development Corporation Awards Financial Services Contract to Avalon Group (May 2024)

Hawaii Housing Finance & Development Corporation
Disclosed value
$1,708,015 total equity amount
From minutes
Approved
May 9, 2024

The 30-second brief

What it covers

HHFDC’s Board authorized a $1,708,015 equity purchase in 25 designated units at Avalon Group’s Modea adaptive reuse condominium project in Downtown Honolulu. The investment is structured under the Dwelling Unit Revolving Fund Equity Pilot Program at 10–15% of unit sales prices for buyers at up to 140% AMI.

Who holds it

Avalon Group holds this financial services contract with Hawaii Housing Finance & Development Corporation. Its other public contracts on record include work for City of Groveland and Hawaii State Legislature | State of Hawaii.

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Contract details

Contract type
Financial Services
Amount
$1,708,015 total equity amount
Document date
May 9, 2024
Source document
hhfdc_board_of_directors_regular_meeting_minutes.pdf (Minutes)

Avalon Group's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Hawaii Housing Finance & Development Corporation?

Avalon Group was awarded this financial services contract by Hawaii Housing Finance & Development Corporation, as recorded on May 9, 2024. The contract value is $1,708,015 total equity amount.

How much is the Avalon Group contract with Hawaii Housing Finance & Development Corporation worth?

The Avalon Group contract with Hawaii Housing Finance & Development Corporation is valued at $1,708,015 total equity amount, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in hhfdc_board_of_directors_regular_meeting_minutes.pdf (Minutes), dated May 9, 2024 from Hawaii Housing Finance & Development Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Avalon Group hold?

Avalon Group may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Hawaii Housing Finance & Development Corporation currently buying?

Explore Hawaii Housing Finance & Development Corporation's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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