Hunt Capital Partners Closes on $19.8 Million Financing for Hawaii Property

Hunt Capital Partners announced it has committed $19.8 million in Federal and State LIHTC equity financing for Kaiāulu O Haleleʻa II located in Kīhei, Hawaiʻi, on the island of Maui. Kaiāulu O Haleleʻa II is the new construction of 56 affordable housing units for families who earn up to 30, 40 and 60 percent of the area median income.  

“Hunt Companies Hawaii is committed to providing more affordable housing opportunities to ensure that local families on Maui, and across the state, can continue to live and thrive here,” said Steve Colón, president, Hunt Development Group Hawaii. “We have been fortunate to call Hawaii home for more than 30 years and appreciate and celebrate the uniqueness of island life. By investing in critically needed affordable housing, we are ensuring that local families have a place to live here in Hawaii for years to come.”