GRANTRADAR/Grant Programs/Rental Housing Revolving Fund (RHRF)
Hawaii StateLoan / Loan GuaranteeStackable

Rental Housing Revolving Fund (RHRF)

Administered by Hawaii Housing Finance and Development Corporation (HHFDC) · Hawaii

BENEFIT
Negotiated / contact agency
Deadline type: annual

Eligibility Requirements

  • 1Must apply through Consolidated Application for Financing
  • 2Development or preservation of affordable rental housing
  • 3Income restrictions based on area median income
  • 4Letter of Intent required by January 16, 2026

Eligible Project Types

MultifamilyAffordable Housing
STACKING POTENTIAL

Rental Housing Revolving Fund (RHRF) is stackable — it can be combined with other federal, state, and local programs on the same project. Michigan and Ohio projects commonly stack this program with Federal Historic Tax Credit, New Markets Tax Credit, and Opportunity Zone deferral to maximize total incentive value. Use GrantRadar to see your full stack.

AFTER YOU WIN
View the Rental Housing Revolving Fund (RHRF) compliance checklist →

Reporting deadlines, vendor rules, and the disallowed-cost pitfalls that trigger clawbacks.