Hawaii Housing Finance & Development Corporation Awards Construction Contract to Double-u LLC (July 2026)
Hawaii Housing Finance & Development CorporationState Housing Authority · Honolulu, HI- Disclosed value
- $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)
- From minutes
- Awarded
- Jul 9, 2026
- Renews
- Free account
The 30-second brief
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.
Double-u LLC holds this construction contract with Hawaii Housing Finance & Development Corporation.
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Contract details
- Contract type
- Construction
- 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)
- Document date
- July 9, 2026
- 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
- Renews
- On record
- Vendor
- Double-u LLC
- Source document
- Hawaii Housing Finance and Development Corporation Minutes Annual Meeting and Regular Meeting 2026-07-09 (Minutes)
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Questions about this contract
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.
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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.