HHFDC definition

HHFDC means the Hawaii Housing Finance and Development Corporation.
HHFDC means the Hawaii Housing Finance and Development Corporation, successor to the Housing and Community Development Corporation of Hawaii (“HCDCH”) pursuant to Act 196, 2005 Session Laws of Hawaii and Act 180, 2006 Session Laws of Hawaii; HCDCH was successor to the Housing Finance and Development Corporation (“HFDC”) pursuant to Act 350, 1997 Session Laws of Hawaii.

Examples of HHFDC in a sentence

  • Projects shall be required to maintain copies of the income certification for each tenant on forms approved or provided by the HHFDC.

  • The HHFDC reserves the right to adjust fees due to changing circumstances annually each January 1.

  • It will be the responsibility of the HHFDC to inform the owner of any changes in the annual compliance fee prior to the submission of fees.

  • The Tenant Income Certification and LIHTC forms listed above are available from the HHFDC.

  • The HHFDC will be given the opportunity on the IRS form to indicate whether the owner has corrected the non-compliance.

  • These forms must be sent in to the HHFDC or its Authorized Delegate at the address shown in Section II.

  • The HHFDC may extend the correction period, up to a total of six (6) months, if it is determined by the HHFDC that good cause exists for granting such an extension.

  • Additionally, the HHFDC has data regarding HUD area median incomes, maximum rental rates, income verification information and third-party verification forms.

  • The HHFDC will require that all qualified tenants of a project be certified upon occupancy and be re-certified annually to ensure compliance.

  • If the HHFDC becomes aware of non-compliance, the IRS shall be notified in accordance with the rules published by the IRS.

Related to HHFDC

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