LOS ANGELES — Residents of Hawaii’s largest public housing facility began returning to renovated units this month. They enjoyed the fruits of a public-private partnership that supporters worry will not be replicated in the future because of threats to the status of tax-exempt bonds that underpinned the project’s financing.

Renovations to the 555-unit Towers at Kuhio Park, near Honolulu’s airport, will cost $135 million, of which $66 million was financed with tax-exempt bond proceeds.

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