Hawaii Legislation Would Require at Least Two LIHTC Application Rounds Annually
A bill introduced in the Hawaii Legislature would require the Hawaii Housing Finance and Development Corporation to hold a minimum of two application periods per year for affordable housing financing, including the state low-income housing tax credit (LIHTC). H.B. 675 also would allow the application period for four state programs to be combined for administrative efficiency. There currently is one LIHTC application round per year in Hawaii.
Learn about state LIHTCs and their interaction with the federal incentive at the Novogradac 2023 Affordable Housing Conference, April 27-28 in San Francisco.