Hawaii Housing Finance & Development Corporation Awards Construction Contract to Coalition for Specialized Housing (July 2026)

HHFDC awarded federal and state 9% LIHTC plus a $6.08 million RHRF loan to the Coalition for Specialized Housing for the Pua Lane Family Affordable project in Honolulu, providing 63 one-bedroom units at or below 60% AMI with a 77-year affordability period. The financing package, including approximately $26 million in LIHTC equity, supports construction scheduled to begin in 2027.

Document date · July 9, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$6,075,492 RHRF loan; $2,310,434 federal LIHTC (over 10 years); $2,310,434 state LIHTC (over 5 years)

Contract type

CONSTRUCTION

Contract term

LIHTC: 10-year federal credit period and 5-year state credit period; affordability period 77 years

Renewal date

2104-12-31

Renewal

Affordability period committed for 77 years; RHRF loan terms include 0.5% interest and 85% cash flow payments, modified from an earlier $6.6 million request.

Document type

Minutes

Source document

Hawaii Housing Finance and Development Corporation Minutes Annual Meeting and Regular Meeting 2026-07-09

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Board of Land and Natural Resources Meeting Agenda March 2019

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Hawaii Department of L&NR|Land Board Meeting, HawaiiMar 22, 2019

Frequently asked questions

Common questions about this contract, answered from the record.

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

Coalition for Specialized Housing was awarded this construction contract by Hawaii Housing Finance & Development Corporation, as recorded on July 9, 2026. The contract value is $6,075,492 RHRF loan; $2,310,434 federal LIHTC (over 10 years); $2,310,434 state LIHTC (over 5 years).

How much is the Coalition for Specialized Housing contract with Hawaii Housing Finance & Development Corporation worth?

The Coalition for Specialized Housing contract with Hawaii Housing Finance & Development Corporation is valued at $6,075,492 RHRF loan; $2,310,434 federal LIHTC (over 10 years); $2,310,434 state LIHTC (over 5 years), covering construction work.

What type of contract is this?

This is a Construction contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Hawaii Housing Finance and Development Corporation Minutes Annual Meeting and Regular Meeting 2026-07-09 (Minutes), dated July 9, 2026 from Hawaii Housing Finance & Development Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Coalition for Specialized Housing hold?

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

View Coalition for Specialized Housing's profile

What is Hawaii Housing Finance & Development Corporation currently buying?

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