Hawaii

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State News:

July 5, 2017

HOME/NSP annual reports are due by 7/15/17. Newly revised forms have been posted. Please be sure to include utility allowance and current County rent approvals with your submissions. Thank you for your cooperation.

June 6, 2017

An Updated 2017 HMMF Continuing Program Compliance Report has been posted. Please see the HMMF End of Year Reporting drop down tab below. This must be used starting with the 2nd Quarter HMMF Reporting period due July 15, 2017.

June 5, 2017

The 2017 HOME income limits have been published. They are effective 6/15/2017 and must be put in use immediately. Limits may be found below under the Income Limits tab.

May 24, 2017

The 2017 Income Limits have been published. They are effective 4/14/2017 and must be in use no later than 5/28/2017. Limits may be found below under the Income Limits tab. Please remember these are only to be used as a guide.

April 26, 2017

Updated Self-Certification TIC forms (fillable) have been posted. Please see the Forms drop-down below. This form may be used for 100% LIHTC and HMMF properties starting with the 2nd annual certification if there's no other HHFDC funding. They may not be used if the property has RHRF or RAP funding in addition to LIHTC/HMMF. It's possible the form can be used if the property has HOME funding in addition to LIHTC/HMMF with permission of the County with the exception of every sixth year when full certifications are required. Should approval be sought and obtained that approval must be in the file.

HHFDC LIHTC/HMMF Self Certification Form (PDF) (XLS)

April 25, 2017

The Section 8 Verification Form has been updated to include other HHFDC programs in addition to LIHTC. Please note you may only use this form for HOME if you have approval from the County HOME office, which must be in the file (and provided to the HHFDC and Spectrum when obtained). Please be reminded that it may not be used every sixth year when HOME regulations require full certifications with verifications. This also needs follow-up with the County to ascertain if they interpret this as every sixth year of the property's compliance period or every sixth year of a tenant's occupancy.

Section 8 Income Verification (PDF)

April 14, 2017

2017 Income Limits have been published! They are effective 4/14/17 and must be in use no later than 5/28/17. For Honolulu and Hawaii counties limits have recovered and all properties are to begin using 2017 limits. For Maui and Kauai counties watch for a possible correction from HUD regarding properties placed in service on or before 12/31/08. The MTSP web site is telling owners to use the 2017 limits for those properties but those limits remain lower than other year limits. Be sure to check the MTSP limit chart to determine which income limits your property is to use if it's in either Maui or Kauai County.

See this link: https://www.huduser.gov/portal/datasets/mtsp.html

January 24, 2017

Spaces are filling fast for this year's session of "Introduction to Hawaii Housing Finance Corporation's Affordable Housing Programs". It is being held on Monday, February 6, 2017 at the Pacific Beach Hotel, starting at 9:00 a.m. If you'd like one of the few remaining seats RSVP to Lois at [email protected]

January 18, 2017

A revised LIHTC/HMMF Tenant Income Certification and a revised Self Certification have been posted in the Required / Recommended Forms section below. Please begin using these forms immediately.

January 6, 2017

The HHFDC has published their 2016-2017 QAP. You will find it under LIHTC Qualified Allocation Plans (QAP) below.

May 16, 2016

On Friday, May 13, 2016 HUD published the 2016 HOME and NSP income and rent limits. They are effective on June 6, 2016 and must be put in place by that date. There is no grace period for instituting HOME limits.

Please remember that there is no "hold harmless" for HOME limits. If the limits in your County have decreased you must lower your limits for HOME units accordingly for move-ins and lease renewals as of 6/6/16.

 


Welcome!

In Hawaii Spectrum Enterprises performs compliance monitoring for six of the Hawaii Housing Finance and Development Corporation’s (HHFDC) affordable housing programs:

  • Low Income Housing Tax Credit (LIHTC)
  • Tax Credit Assistance Program (TCAP)
  • Grants in Lieu of Low Income Housing Allocations (Section 1602)
  • HOME Investment Partnerships Program (HOME)
  • Rental Housing Revolving Fund (RHRF)
  • Neighborhood Stabilization Program (NSP)
  • Rental Assistance Program (RAP)
  • Rental Assistance Revolving Fund (RARF)
  • Hula Mae Multifamily Fund (HMMF)

We also conduct a one-day training seminar every February called “Introduction to Hawaii Housing Finance and Development Corporation’s Affordable Housing Programs.”