Hunt Capital Partners (HCP), in collaboration with Urban Housing Communities (UHC) and Ikaika ‘Ohana, announced the closing of $10 million in Federal LIHTC equity and $3.8 million in Hawai‘i state LIHTC equity financing for the new construction of the Villages of La‘i ‘Ōpua Phase II. Located in Kailua-Kona, Hawai‘i, Villages of La‘i ‘Ōpua Phase II will provide 24 single-family, affordable homes for Native Hawaiian households who earn up to 30, 40 and 60 percent of the area median income. Additionally, at the end of the initial 15-year LIHTC Compliance Period, the affordable homes will be sold to qualified tenants/buyers and the tenants at the development will have a first right-of-refusal purchase option.