The agency & primary document
- Allocating agency
- Hawaii Housing Finance and Development Corporation (HHFDC)
- QAP / guidelines
- https://dbedt.hawaii.gov/hhfdc/rental-housing-tax-credit/
- Governing document
- 2026 Qualified Allocation Plan, Appendix 1 — Market Study (final, dated 11/14/25)
- Methodology
- Agency-specific standalone methodology
Required market study sections
Hawaii uses its own standalone market study methodology rather than the NCHMA Model Content Standards. Agency-specific methodology — HHFDC publishes its own requirements in Appendix 1.
Key Hawaii rules
- Staleness window
- Market Study must be dated within six months of the application deadline
Hawaii-specific overlays
- CSF (Community Service Facility) projects must address 4 additional items beyond the standard 12-item content list
Things analysts miss in Hawaii
- Two-step landing workflow — QAP Landing Page → Current Funding Round page → final QAP PDF; URL changes each cycle
Build the Market Data section of your Hawaii study
StudyScribe auto-fills the Market Data section — employment, unemployment, building permits, crime and amenities — from BLS, Census, HUD, FBI and Google sources, cites every figure, and exports a Word document formatted for Hawaii Housing Finance and Development Corporation (HHFDC) submissions. Start free — no credit card.
Request access for your Hawaii study →Frequently asked questions
Who reviews LIHTC market studies in Hawaii?
Hawaii Housing Finance and Development Corporation (HHFDC) sets the market study requirements and reviews submissions for Hawaii Low-Income Housing Tax Credit applications.
How current must a Hawaii LIHTC market study be?
Market Study must be dated within six months of the application deadline
Does Hawaii follow NCHMA standards?
Agency-specific methodology — HHFDC publishes its own requirements in Appendix 1.
Other states
This summary is for general reference and reflects Hawaii Housing Finance and Development Corporation (HHFDC)'s published guidance as understood by StudyScribe; it is not legal or compliance advice. Always confirm requirements against the current QAP / market study guidelines before submission.