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Nareit Foundation seeks applications for grants to support nonprofit affordable housing programs | News, Sports, Jobs

Nareit Foundation seeks applications for grants to support nonprofit affordable housing programs | News, Sports, Jobs
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Change to Hawaii REIT tax status structure would not generate windfall for state, expert says

Nareit Hawaii awards $300K in housing grants in Hawaii

Nareit Hawaii awards $300K in housing grants in Hawaii Follow Us Question of the Day By - Associated Press - Saturday, January 16, 2021 HONOLULU (AP) - A national organization for real estate investment trusts has awarded $300,000 in grants to two Hawaii organizations: Honolulu Habitat for Humanity and Hale O Hawaii. Nareit, which administers the Nareit Hawaii Community Giving Initiative, granted $120,000 on Friday to Honolulu Habitat for Humanity that will help build six affordable single-family homes, including five in Waimanalo and one in Papakolea, the Honolulu Star-Advertiser reported. The homes, which will range in size from two bedrooms and one bathroom to six bedrooms and two and a half bathrooms, are expected to house 25 residents, including two veteran families, eight residents over the age of 62 and three residents under 16, officials said.

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