Sunday, December 22, 2024
Hawai'i Free Press

Current Articles | Archives

Thursday, March 26, 2020
Hawaiian Homes Commission Approves DHHL Loan Deferral
By News Release @ 9:13 PM :: 2639 Views :: DHHL

Hawaiian Homes Commission Approves DHHL Loan Deferral

News Release from DHHL, March 24, 2020 

(KAPOLEI, OʻAHU) – The Hawaiian Homes Commission (HHC) approved an emergency postponement of mortgage payments for Department of Hawaiian Home Lands (DHHL) direct loans and loans assigned to DHHL during a special emergency meeting on Tuesday, March 24, 2020, as the State faces the COVID-19 pandemic.

HHC’s approval allows for the deferral of all applicable payments for a period of six months, effective with the April 2020 payment.

Lessees or borrowers who may need additional time beyond the six-month allotment can request relief from the Department and will be evaluated on a case-by-case basis, ultimately going before the HHC board for approval.

“We can already see there will be a long-term economic impact from the COVID-19 crisis and the Department felt it was important to act swiftly in the interest of beneficiaries during this uncertain time,” said Hawaiian Homes Commission Chairman William J. Ailā, Jr. “This action affects over 1,200 direct loans administered through DHHL. Anyone with a loan through a private institution is encouraged to contact their lender immediately should you be experiencing financial hardship due to the COVID-19 outbreak.”

The meeting was held via teleconference due to travel restrictions and social distancing measures, in accordance with COVID-19 precautionary guidelines. 

Pursuant to Governor David Ige’s March 4, 2020, Supplementary Proclamation in response to the COVID-19 pandemic, Hawai`i Revised Statutes Chapter 92 regarding public agency meetings and records is currently suspended through May 15, 2020, to the extent necessary to enable boards to conduct business without holding meetings open to the public and to allow state agencies the ability to more effectively provide emergency relief and engage in emergency management functions.

Beneficiaries were allowed the opportunity to provide public testimony via an online submission form.

Chair Ailā has also issued a letter (HUD) informing them of HHC’s decision and has requested that they provide assistance to DHHL beneficiaries who are impacted by COVID-19 and who have HUD FHA 247 and HUD 184 loans.

For information about DHHL loan deferrals, please call (808) 620-9500. If you have a loan with an outside lender and are facing financial hardship due to COVID-19, the Department encourages you to contact your provider as soon as possible.

For the latest information about COVID-19 impacts on DHHL activities, please visit dhhl.hawaii.gov/covid-19. For information from the Hawaiʻi State Department of Health, go to hawaiicovid19.com.

###

Links

TEXT "follow HawaiiFreePress" to 40404

Register to Vote

2aHawaii

Aloha Pregnancy Care Center

AntiPlanner

Antonio Gramsci Reading List

A Place for Women in Waipio

Ballotpedia Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii

FIRE

Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Habele.org

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii ConCon Info

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federation of Republican Women

Hawaii History Blog

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Matters

Hawaii Military History

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Together

HiFiCo

Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

July 4 in Hawaii

Land and Power in Hawaii

Lessons in Firearm Education

Lingle Years

Managed Care Matters -- Hawaii

MentalIllnessPolicy.org

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

Natatorium.org

National Parents Org Hawaii

NFIB Hawaii News

NRA-ILA Hawaii

Obookiah

OHA Lies

Opt Out Today

Patients Rights Council Hawaii

Practical Policy Institute of Hawaii

Pritchett Cartoons

Pro-GMO Hawaii

RailRipoff.com

Rental by Owner Awareness Assn

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

School Choice in Hawaii

SenatorFong.com

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

Waagey.org

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii