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Off the News

For Monday, March 17, 2014


POSTED: 01:30 a.m. HST, Mar 17, 2014

~~<p><strong>It's a great idea, if you can find financing for it</strong></p>
<p>A developer who has been trying for years to get financing to build affordable rentals for low-income seniors in Mililani Mauka has devised what may be the last, best hope for the project: a lease-back deal that gives a state agency ownership of the 7.5-acre land parcel and should improve the developer's chances of getting state financing to actually build the 301-unit complex.</p>
~~

It's a great idea, if you can find financing for it

A developer who has been trying for years to get financing to build affordable rentals for low-income seniors in Mililani Mauka has devised what may be the last, best hope for the project: a lease-back deal that gives a state agency ownership of the 7.5-acre land parcel and should improve the developer's chances of getting state financing to actually build the 301-unit complex. Login for more...



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