DHHL asks developers to adjust financing and programming so projects match beneficiary affordability

Kalani Franda said the department is directing developers to change how they structure and finance projects so housing matches beneficiary incomes. "Instead of just developing the houses based upon the status quo, they are shaping their capital stack, shaping how they develop and program the development of these communities based upon what our beneficiaries can afford," she said, calling it a "huge difference" from prior practice.

Franda framed the change as part of a broader effort to "transform development to better serve our beneficiaries." The briefing did not include developer testimony, specific financing terms, or contract amendments; the comment reflects administrative guidance and an expectation that developers will redesign capital plans to meet affordability constraints.