Hawaii Housing Finance & Development Corporation Awards Construction Contract to Double-u Llc (July 2026)

HHFDC awarded federal and state 9% LIHTC to Double-U LLC’s Kemole Lane Apartments, a 20-unit shovel-ready affordable housing project in Honolulu. The project leverages $1.48 million in annual tax credits, a $1 million city subsidy, and private financing to deliver one- and two-bedroom units for households at 30%–60% AMI, including a 10% special needs set-aside.

Document date · July 9, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$1,477,105 federal LIHTC (over 10 years); $1,477,105 state LIHTC (over 5 years); $1 million city subsidy; bank loan and 25% deferred developer fee (amounts not fully itemized)

Contract type

CONSTRUCTION

Contract term

LIHTC: 10-year federal credit period and 5-year state credit period; special needs set-aside for 10% of units; project expected to complete and be fully occupied before May 2028

Renewal date

2028-05-31

Renewal

Project designed with a special needs unit set-aside and rapid delivery; affordability term length not explicitly stated in minutes.

Document type

Minutes

Source document

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

Frequently asked questions

Common questions about this contract, answered from the record.

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

Double-u Llc was awarded this construction contract by Hawaii Housing Finance & Development Corporation, as recorded on July 9, 2026. The contract value is $1,477,105 federal LIHTC (over 10 years); $1,477,105 state LIHTC (over 5 years); $1 million city subsidy; bank loan and 25% deferred developer fee (amounts not fully itemized).

How much is the Double-u Llc contract with Hawaii Housing Finance & Development Corporation worth?

The Double-u Llc contract with Hawaii Housing Finance & Development Corporation is valued at $1,477,105 federal LIHTC (over 10 years); $1,477,105 state LIHTC (over 5 years); $1 million city subsidy; bank loan and 25% deferred developer fee (amounts not fully itemized), 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 Double-u Llc hold?

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

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