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Hawaii agency gives Stanford Carr JV 4th extension on state rental portfolio

The Oct. 15 date had been the third due diligence deadline set by the HHFDC board, which awarded the portfolio to the joint venture of Stanford Carr Development and Standard Property Co. on Dec. 14 after a competitive bid process......»»

Category: topSource: bizjournalsOct 11th, 2018

Stanford Carr JV gets third extension on Hawaii low-income rental portfolio

The HHFDC previously said the sale was scheduled to close in April......»»

Category: topSource: bizjournalsSep 18th, 2018

Stanford Carr partnership gets 5th, final extension on Hawaii rental portfolio

Chris Woodard, HHFDC’s real estate portfolio manager, confirmed to Pacific Business News that the board’s unanimous vote was the final extension......»»

Category: topSource: bizjournalsNov 8th, 2018

State extends due dilligence for Stanford Carr JV on low-income rental housing portfolio

The board went into executive session Thursday to discuss a modification to the award of the six properties, including a capital improvement plan budget that was “materially in excess” of a preliminary capital improvement budget of $54.9 million......»»

Category: topSource: bizjournalsAug 10th, 2018

Hawaii cuts price for state"s affordable housing portfolio by $40M

The Hawaii Housing Finance Development Corp. has approved a modification to the sale of the state’s affordable housing portfolio to a partnership of Stanford Carr Development and Standard Property Co. that discounts the purchase price by $40 mill.....»»

Category: topSource: bizjournalsDec 14th, 2018

Buyers of Hawaii rental housing portfolio seek modification to agreement with state

The joint v.....»»

Category: topSource: bizjournalsAug 8th, 2018

Stanford Carr opens Hale Kewalo affordable rentals: Slideshow

Developer Stanford Carr on Monday opened the $52 million 128-unit Hale Kewalo low-income rental building near Ala Moana Center, two days before the building’s first residents move in. Carr was joined by members of his team at Stanford Carr Devel.....»»

Category: topSource: bizjournalsMay 13th, 2019

Hawaii tax broker bill for Airbnb, vacation rental platforms fails on final vote

A bill that would have required vacation rental platforms to register as tax agents in Hawaii and collect and remit general excise and transient accommodation taxes on behalf of their hosts failed to pass the state Senate on a final vote. The Senate.....»»

Category: topSource: bizjournalsApr 27th, 2019

Hawaii regulators OK 6 solar-plus-storage systems for Hawaiian Electric Cos.

The Hawaiian Electric Cos. won approval from state regulators this week for six grid-scale solar-plus-battery-storage projects by four developers on Oahu, Maui and the Big Island, in what the utility is calling “largest and lowest-cost portfolio.....»»

Category: topSource: bizjournalsMar 29th, 2019

Former Hawaii state senator "pretty amazed" by affordable housing funding

The former state senator from Kaneohe said he was “pretty amazed” when lawmakers took his suggestion to put $200 million into the Rental Housing Trust Fund as part of legislation dubbed the “Bob Nakata Act.”.....»»

Category: topSource: bizjournalsApr 26th, 2018

Tech, manufacturing jobs contributed $1B to Hawaii economy, HTDC says

Hawaii technology and manufacturing businesses contributed more than $1 billion to the state’s economy, according to a study by the Hawaii Technology Development Corporation. The state agency, which is attached to the state Department of Business.....»»

Category: topSource: bizjournalsApr 9th, 2018

FEMA denies individual aid for Hawaii homes, businesses damaged by recent heavy rains

The Federal Emergency Management Agency denied Hawaii Gov. David Ige’s request for individual aid for victims impacted by the heavy rains that caused severe flooding and landslides on Oahu and Kauai last month. Ige said Thursday that the state .....»»

Category: topSource: bizjournalsMay 11th, 2018

Ige signs bill adding $210M to Hawaii affordable housing funds

Gov. David Ige on Friday signed into law a bill that injects more than $200 million into two state funds for affordable housing in Hawaii, and expands a tax exemption for affordable units. House Bill 2748 adds $200 million to the state’s Rental.....»»

Category: topSource: bizjournalsJun 8th, 2018

DBEDT report predicts economic, population growth for Hawaii

Hawaii’s economy, measured by real gross domestic product, will grow at 1.7 percent per year between 2016 and 2045, according to a new report by the state Department of Business, Economic Development and Tourism. The state agency released the “Pop.....»»

Category: topSource: bizjournalsJun 28th, 2018

HCDA board votes to approve new executive director

The Hawaii Community Development Authority board of directors on Wednesday voted to approve the appointment of Aedward Los Banos as executive director of the state agency responsible for overseeing development in Kakaako, Kalealoa and Heeia on Oahu. .....»»

Category: topSource: bizjournalsJul 11th, 2018

Klay Thompson may now test free agency instead of signing a team-friendly extension and it could make the Warriors" biggest problem worse

Ezra Shaw/Getty Klay Thompson said in an interview that he wants to stay with the Golden State Warriors, but will hit free agency this summer. If Thompson hits free agency and turns down contract ex.....»»

Category: topSource: businessinsiderAug 20th, 2018

Hawaii receives over $400K in federal funding to curb diesel pollution

Hawaii will receive more than $400,000 in federal funding from the U.S. Environmental Protection Agency to curb harmful pollution from diesel vehicles in the state. The $411,578 grant is part of the Diesel Emission Reductions Act, which is admini.....»»

Category: topSource: bizjournalsNov 20th, 2018

State OKs funding for Michaels" senior affordable rentals in Chinatown

The Michaels Development Co. won approval Thursday from the Hawaii Housing Finance and Development Corp. for funding a 156-unit senior affordable rental project on city-owned land in Honolulu’s Chinatown that has been on the boards for four years.....»»

Category: topSource: bizjournalsFeb 14th, 2019

Md. cannabis regulators approve new dispensary, grant operating deadline extension for another

A new dispensary will become the first to open in Washington County after gaining final clearance from the Maryland Medical Cannabis Commission. Maryland Health and Wellness Center is the latest firm to join the ranks of the state's 108 licensed.....»»

Category: topSource: bizjournals15 hr. 23 min. ago

Reuters Publishes Account of Myanmar Massacre After Journalists’ Arrests

The news agency used photos and witness accounts to describe the killings of 10 Rohingya men. Two reporters who worked on the article were charged with obtaining state secrets......»»

Category: mediaSource: nytMay 20th, 2019

State considering $10 million grant for former convention center site in downtown Albany

New York's economic development agency this morning will consider approving a major grant for Capitalize Albany Corp. to buy land in downtown Albany where a convention center was originally planned......»»

Category: topSource: bizjournalsMay 16th, 2019