Honolulu, HI

AFFORDABLE HOUSING AND ECONOMIC DEVELOPMENT FOUNDATION

EIN 47-5018774

Housing, Food & Basic Needs Affordable Housing & Tenant Rights Low-income Seniors People with disabilities Children & youth

Mission

AHED (Affordable Housing and Economic Development Foundation) is a 501(c)(3) nonprofit that supports the preservation, rehabilitation and development of, and access to, affordable and workforce housing, and advances economic opportunities for lower-income families in Hawai‘i.

IRS-recognized 501(c)(3) public charity Contributions are tax-deductible

Claim this page Visit www.ahedhawaii.org

About AFFORDABLE HOUSING AND ECONOMIC DEVELOPMENT FOUNDATION

The Affordable Housing and Economic Development Foundation (AHED) is a Honolulu-based 501(c)(3) nonprofit dedicated to creating, preserving and financing affordable and workforce housing across the Hawaiian Islands. AHED functions primarily as a funding and development partner, securing grants, loans and housing credits and working with developers, lenders, government agencies and service providers to deliver housing and related economic supports.

Since its formation AHED has been active on multi-island projects, including senior rental housing in Lihue (Kaua‘i) and serving as the nonprofit co-developer on larger Oʻahu mixed-use affordable projects. In recent years the organization has expanded its project pipeline and balance sheet, positioning itself to pursue Low-Income Housing Tax Credit (LIHTC) and bond-financed projects while supporting workforce development and childcare initiatives that enable lower-income residents to access employment opportunities.

Notable achievements

Selected as nonprofit co‑developer for Pohukaina Commons

AHED was chosen as the nonprofit co-developer on the large Pohukaina Commons affordable rental and mixed‑use project in Kakaʻako, Honolulu, partnering with established private developers to deliver hundreds of affordable units in downtown Honolulu.

Completed initial senior rental homes in Lihue

In its inaugural year AHED helped finance and develop 30 rental homes for low‑ and fixed‑income seniors in Lihue, Kaua‘i, establishing on-the-ground delivery of affordable housing on neighbor islands.

Rapid asset and funding growth

AHED reported significant growth in contributed funds and net assets in recent Form 990 filings, reflecting an expanding capital base to support affordable housing projects and lending/credit strategies.

At a glance

Total assets: $16.1M
Annual revenue: $8.9M
Tax status: 501(c)(3)Public charity
EIN: 47-5018774
Location: Honolulu, HI
Website: www.ahedhawaii.org
On Mahalo since: September 2026

Financial figures from the IRS Business Master File, the IRS’s registry of tax-exempt organizations.

Recognition

Listed on Charity Navigator with a multi‑beacon profile (three‑star / 80% indicator on the Charity Navigator platform), indicating public visibility in charity-rating systems.

Selected and recognized by the Hawai‘i Housing Finance & Development Corporation (HHFDC) and included in state project pipelines and agency materials for major affordable housing awards and funding rounds (e.g., Pohukaina Commons and other pipeline projects).

Mentioned in local development and industry press and project materials (developer press releases and Honolulu municipal/HHFDC documents) as an active nonprofit development partner on high‑profile affordable housing projects.

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