Within Ka Lei Momi, Mayor Wright Homes (MWH) is moving into active predevelopment and early implementation, with a multi‑phase redevelopment plan and detailed construction phasing. The Q1 2026 report indicates Phase 1A (308 units) aims to start construction in 2026, Phase 1B (247 units) in 2027, and subsequent phases scheduled out through the early 2030s; a 2026 HHFDC financing application for Phase 1B has been submitted, residents have received a General Information Notice and 90‑day notices for Phase 1A, and a Tenant Protection Voucher application is in with HUD. HPHA and HCDC Mayor Wright LLC are preparing to execute the development agreement for Phase 1A, solicit a lender and investor, finalize appraisals and CPR documents, and obtain demolition, grading, and foundation permits, while also planning documentary and interpretive signage work under an SHPD MOA.There are known risks around electrical infrastructure capacity limiting units beyond about 650 without regional upgrades, and the need for new Tier 2 financing or direct appropriations, which suggests room for financing, infrastructure, and owner’s representative support. Vendors with strengths in LIHTC structuring, lender/investor placement, utility coordination, relocation services, and cultural/historical interpretation can target Phase 1 follow‑on scopes and out‑year phases that are still in design and financial structuring.

Predevelopment budget and funding for Mayor Wright Homes multi‑phase work were extended by the HPHA Board on April 9, 2026, indicating ongoing HPHA financial participation and loan support for HCDC Mayor Wright LLC.