Keola Hoomalu Elderly Housing, a 35-unit elderly housing complext in Waianae, Oahu
The mission of Hawaii Community Reinvestment Corporation is to provide technical and financial assistance for the creation and preservation of affordable housing in the State of Hawaii.
Hawaii Community Reinvestment Corporation is a non-profit financial service corporation created in 1991. HCRC develops and applies innovative financial programs to create and preserve affordable housing and shelter. Through the establishment and operation of a credit and equity financial consortium HCRC offers a flexible source of funding for these projects, provides technical assistance, training and education, and works with governmental jurisdictions and agencies to achieve maximum leverage of public and private dollars.
Since inception, HCRC has made over $180 million available to 55 affordable rental projects containing nearly 3,000 residential units. This achievement was made possible by the unique combination of private and public resources made available by our participating lenders, investors, and government agencies.
To view our Annual Report, please click below:
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Kaimuki Plaza • 3465 Waialae Avenue, Suite 393 • Honolulu, HI 96816 • Phone (808) 532-3110 • Fax (808) 524-1069 • [email protected]
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