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At the Sky Ala Moana towers rising in Oahu's urban core, market-priced condominiums are sold out at prices from $568, 800 to $1.3 million, yet only 14 of 84 units priced from about $270, 000 to ...
The HOME Investment Partnerships Program (HOME) is a type of United States federal assistance that the U.S. Department of Housing and Urban Development (HUD) provides to states to create decent and affordable housing, particularly housing for low and very low income Americans. [1]
Dec. 4—An emergency working group established in July by Gov. Josh Green to speed delivery of affordable housing in Hawaii has gotten back to work after initial setbacks that included legal ...
EAH Housing has become one of the largest nonprofit housing development and management organizations in the western United States. With a staff of over 700, EAH develops low-income housing, manages over 230 properties in California and Hawaii, and plays a leadership role in local, regional and national housing advocacy efforts. [3]
The Tax Credit Assistance Program (TCAP) is a Federal housing grant program administered by HUD which assists Low Income Housing Tax Credit (LIHTC) projects funded during 2007, 2008 and 2009. The TCAP program is part of the American Recovery and Reinvestment Act which was signed by President Obama on February 17, 2009. The program is designed ...
The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.
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