Hawaiʻi Housing Finance & Development Corporation

<a href="https://dbedt.hawaii.gov/hhfdc/hale-na-koa-o-hanakahi-hilo/">Project: Kai Olino I and II (ʻEleʻele, Kauaʻi)<br /><span>Read More<span class="fa3icon icon-signin"></span></span></a>

<a href="https://dbedt.hawaii.gov/hhfdc/kuilei-place-mo%ca%bbili%ca%bbili/">o<br /><span>Read More<span class="fa3icon icon-signin"></span></span></a>

<a href="https://dbedt.hawaii.gov/hhfdc/kaiaulu-o-kuku%e2%80%b2ia-lahaina/">Project: NāULU (formerly Hālawa View Estates II) (Hālawa, Oʻahu)<br /><span>Read More<span class="fa3icon icon-signin"></span></span></a>

<a href="https://dbedt.hawaii.gov/hhfdc/meheula-vista-phases-iii-and-iv/">PROJECT: Meheula Vista Phases III and IV (Mililani)<br /><span>Read More<span class="fa3icon icon-signin"></span></span></a>

<a href="https://dbedt.hawaii.gov/hhfdc/ha%ca%bbupu-view/">Project: Haʻupu View (Lihūʻe, Kauaʻi)<br /><span>Read More<span class="fa3icon icon-signin"></span></span></a>

2026 FUNDING ROUND FOR FINANCING PROGRAMS

The Hawaiʻi Housing Finance and Development Corporation (HHFDC) proudly announces the start of the 2026 Funding Round, inviting applications for the following programs:

The Low Income Housing Tax Credit (LIHTC) program

The Hula Mae Multi-Family (HMMF) Revenue Bond Program

The Rental Housing Revolving Fund (RHRF) program

PLEASE NOTE that there are material changes for the upcoming 2026 Funding Round. In 2026, to submit a Consolidated Application for Financing, Applicants must submit a Letter of Intent (LOI) and full repayment of all application fees by Friday, January 16, 2026 at 2:00 p.m. HST.

This year, HHFDC is using a new online application system, Procorem, (coming soon) to help simplify and streamline the 2026 Funding Round submission process. Because this system introduces new requirements, HHFDC strongly encourages all interested parties and applicants to carefully review the updated instructions, deadlines, and documentation.

Click here to learn more.
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Now open to property managers of both family and senior affordable housing projects interested in establishing a strong disaster preparedness plan!

Here is the link to the registration site! https://sbpusa-org.zoom.us/webinar/register/WN_JkIIrQpbQQWl1xYkXoug_A

Are you looking to be a homeowner for the first time? HHFDC recently rolled out its Hale Kamaʻāina Single Family Mortgage Loan Program! Designed for first-time homebuyers, qualified borrowers may receive competitive fixed rate 30-years mortgage financing with optional down payment assistance. Click here for more details about the program!

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CLICK HERE!

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New Aiea affordable senior complex seeking applicants

A new, all-affordable, all-senior rental apartment complex is continuing to accept applicants.

Located at the site of former Aiea Sugar Mill, the 140-unit Aloha Iā Hālewilikō project targets households earning between 30 percent and 60 percent of Area Median Income (AMI). Using the calculations determined by the U.S. Department of Housing and Urban Development (HUD), rent is estimated to be between $729 and $1,627 monthly.

The project was developed by the nonprofit EAH Housing. The Hawaiʻi Housing Finance and Development provided key financial assistance that included tax credits and low-interest loans.

For more information, go to the project’s web site at Aloha Iā Halewilikō | EAH Housing.

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What’s new at HHFDC?

(12/8/2025) HHFDC has released a tentative timetable for those developers and homebuilders wishing to participate in the agency’s affordable housing financing programs in the 2026 funding cycle. To learn more, go to the 2026 Consolidated Application for Financing page here.
(11/20/2025) Governor Josh Green, M.D., issued his 15th Emergency Proclamation on affordable housing recently. For more information, go to our Emergency Proclamation Affordable Housing Certification Application Landing Page here.
(10/27/2025) Governor Josh Green, M.D., issued his 15th Emergency Proclamation on affordable housing recently. For more information, go to our Emergency Proclamation Affordable Housing Certification Application Landing Page here.

Click here to our Archives page to see previous news.

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The Office of the Governor’s Affordable Housing Pipeline Dashboard

The Affordable Housing Pipeline Dashboard tracks hundreds of affordable projects in the development pipeline since the start of the Green Administration. Data was collected from publicly-available sources to identify projects where a proportion of the units have affordability restrictions or are Department of Hawaiian Home Lands homesteads. These projects are tracked across seven phases of housing development to provide greater insight into when projects will be completed and what hurdles they face. To see the entire dashboard and take advantage of its features, click here.

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HHFDC’s Planned/In Construction Affordable and Workforce Housing Projects List

HHFDC’s Planned/In Construction Affordable and Workforce Housing Projects List, those projects that received assistance by the agency, are listed in the charts below by county. Click on the links below to see each chart.