Hawaii

Beautiful Hawaii


State News:

December 30, 2016

We are holding our annual training hosted by Spectrum Enterprises and taught by Lois Churchill on February 8th, 2016.Click here to view the flier.

June 26, 2015

Please be reminded that HOME/NSP Rental Housing Compliance Status Reports are due by July 15, 2015. Beginning this year please submit to both the appropriate County housing office and electronically to Spectrum. The form is available at the HOME/NSP end of year reporting link below.

May 11, 2015

The new 2015 HOME limits have been published.  Please click this blog link for more information. 

March 6, 2015

The 2015 LIHTC Income Limits have been released. See this link to the HUD website.


June 9, 2015

Please see this notice regarding the Spectrum and HHFDC partnership.


April 24, 2015

Effective with 2nd quarter reporting, all properties with HMMF funding are to submit their unit updates not via the Excel spreadsheet used by some but via the Spectrum Software used for LIHTC reporting. Properties submitting a spreadsheet will be asked to update and submit the software database.

Bond units may be identified by checking the bond box in Part VIII of the TIC - something that should already be being done. If a unit is not a bond unit then the box won't be checked.

This will actually make things easier as your database already will be updated and ready for LIHTC submission each year!


April 8, 2015

HHFDC has published 2015 income and rent limits. You will find them in the income limits link below.

Before using the new 2015 limits be sure to check the MTSP limits to determine if your property is "held harmless" at an earlier year. For example, Honolulu County properties, with the exception of properties placed in service after 12/11/12 are held harmless at 2012 levels. Properties placed in service between 12/11/12 and 12/17/13 are held harmless at 2013 levels. Properties placed in service between 12/18/13 and 3/5/15 are held harmless at 2014 levels. Only those properties placed in service from 3/6/15 forward will use the 2015 income limits in Honolulu County.

If your property has HOME funds, the correct income limits until you hear further are the 2014 income limits. HOME does not hold income limits harmless when they decrease!


March 6, 2015

The new 2015 income limits are now available. See this link to the HUD website.


February 1, 2015

There is a new TIC available for download now. This must be used effective immediately. Please see the Required LIHTC Forms tab below.


January 5, 2015

Happy New Year! End of year has been updated for all programs and the Owner Letter has been posted. Let us know if you have questions.


December 21, 2014

Steve Rosenblatt will be in Hawaii April 21-23, 2015 for Fair Housing and his C3P Low Income Housing Tax Credit course. This link will bring you to the Spectrum Seminars website for more details.

 


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)
  • Neighborhood Stabilization Program (NSP)
  • Rental Housing Trust Fund (RHTF)
  • 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.”