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Hawaiian Legislation Would Allow Developers Options When Special-Needs Units are Vacant

Monday, March 13, 2023 - 10:30AM

A bill introduced in the Hawaiian Legislature would allow developers to offer vacant units in low-income housing tax credit (LIHTC) properties set aside for supportive housing to other income-eligible tenants after reasonable attempts to rent the unit to a special-needs tenant. S.R. 49 emphasizes the need for supportive housing under the LIHTC, but cites the need for affordable housing of all types.

Hear how state LIHTCs interact with federal credits at the Novogradac 2023 Affordable Housing Conference, April 27-28 in San Francisco.

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