Hawaii Legislation Would Prioritize Permanent Supportive Housing in LIHTC Allocation
A bill introduced in the Hawaii Senate would give priority to permanent supportive housing units in the state’s allocation of low-income housing tax credits (LIHTCs). S.B. 3368 also would provide an investment of $60 million in bonds to develop and build 100% permanent supportive housing units. The legislation would take effect July 1.
How state policy interacts with LIHTCs will be a focus of the Novogradac 2022 Affordable Housing Conference, April 28-29 in San Francisco.