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Housing administrator reports transfer of affordable housing tax credits; sale price not included in quarterly filing
Summary
The county's quarterly affordable housing report noted a transfer of housing tax credits from Armstrong Companies LLC to R.J.L. LLC but did not include sale price. Housing Administrator Kehaulani M. Costa said transfers must be vetted through the community development division and reviewed by corporation counsel before recordation.
The committee received the county's quarterly affordable housing report for April 1–June 30, 2025, and asked staff about a recent transfer of affordable-housing tax credits.
Kehaulani M. Costa, housing administrator, told the committee the notable change for the quarter was a developer sale: Armstrong Companies…
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