Hawaii Housing Finance & Development Corp.

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HILO — A Hawaii state program providing rental assistance to tenants struggling during the COVID-19 pandemic temporarily stopped accepting applications.

Bob Goodwin / U.S. Navy

Hawaii allotted $100 million in federal coronavirus relief funds to help families struggling with their rent and mortgage payments, but so far only 2% of the money has been distributed, the state Housing Finance and Development Corporation said.

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Hawaii is unlikely to build the more than 50,000 new homes for sale and rental needed to meet demand over the next five years, a new study said.