Low-Income Housing Tax Credits & Sustainable Development in Hawaii, 2018-2019

In their 2018-2018 Qualified Allocation Plan (QAP), Hawaii Housing Finance and Development Authority (HHFDA) provides point incentives for projects which promote smart growth, energy, and water conservation, operational savings and sustainable building practices in affordable housing design.

To ensure that the proposed rehabilitation of the project is adequate and that the property will have a useful life that exceeds the compliance and additional use period (collectively Extended Use Period), a Capital Needs Assessment (CNA) of the property by a competent third-party shall be submitted along with the application, as per the requirements of the 2018-19 Hawaii Qualified Allocation Plan (QAP).

For acquisition and rehabilitation projects, the Phase I Environmental Assessment is also required and should address lead based paint and asbestos. Projects which promote smart growth, energy, and water conservation, operational savings and sustainable building practices in affordable housing design may be awarded up to 4 points as follows:

Projects can score points in only one category. If an applicant attempts to elect more than one category, the project shall not receive any points in this criterion.

Applicants must submit a certification from the architect confirming that the Project can meet the required building standards for the category selected below (refer to exhibit list of the Consolidated Application). For example, if an applicant selects LEED Gold, the architect must certify that the Project can meet the LEED Gold standard. If the certification is missing or if the architect’s certification does not reconcile with the applicant’s election, the Project shall not receive any points in this criterion.

EPA Energy Star v3

Enterprise Green Communities

USGBC LEED for Homes – v4 HD&C

National Green Building Standard (NAHB)

Points

X

Certified

Certified

Bronze

1

 

 

Silver

Silver

2

 

 

Gold

Gold

3

 

 

Platinum

Emerald

4

Upon completion of the project, a certification from a third party, architect, or engineer verifying the green building practices listed above have been used to construct or rehabilitate the building shall be submitted. Failure to provide the certification may result in forfeiture of the good faith deposit.

 

Contributed By: 
National Housing Trust

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