Oct 16, 2024
The state’s Dwelling Unit Revolving Fund (DURF) Equity Pilot program — a new, $10 million loan program designed to get middle-income people into homes by lowering initial purchase costs — is drawing public scrutiny. That’s largely because of a Hawaii Housing Finance and Development Corp. (HHFDC) decision in August to spend $1.7 million out of the fund to buy into 26 “affordable” condos at the controversial, mixed-use Sky Ala Moana project.
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