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.

Training Session from Wednesday, January 21, 2026 at 10:00 a.m. HST
View the recording of the mandatory Procorem training session below!

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View the training video in larger, full screen here View Presentation slides here

Buying your first home? Our affordable homeownership program can help. Designed for first-time homebuyers, qualified borrowers may receive competitive fixed rate 30-year mortgage financing with optional down payment assistance. HHFDC currently has $30 million available for this program.

Click here for more details about the program!

LIVE TRAINING DATES
(Click on a date to register)

January 28, 2026 Program Training – 10 am HST

Topics: Program overview, homebuyer eligibility requirements, loan features and benefits, key compliance considerations.

February 4, 2026 System Training – 10 am HST

Topics: Entering and managing loan reservations, accessing and downloading required program documents, uploading complete post-closing compliance files.

February 11, 2026 Freddie Mac Training – 10 am HST

Topics: This session, hosted in collaboration with Freddie Mac, will provide an overview of the HFA Advantage product and introduce the DPA One Platform, a powerful tool designed to help identify down payment assistance programs and better serve homebuyers.

808-587-0578 | [email protected] | HHFDC Hale Kamaʻāina Website

CLICK HERE!

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What’s new at HHFDC?

(01/22/2025) HHFDC’s 2025 Annual Report is now available. It can be found here. The HHFDC 2025 Annual Report /Financial and Compliance Audit and the 2025 HHFDC Financial and Compliance Audit only documents will soon be available.
(12/18/2025) An updated version of HHFDC’s popular Affordable Housing Inventory list is now available to the public. Go here to see it.
(12/11/2025) HHFDC today launched the Hale Kamaʻāina Mortgage Loan program that aims to assist local, first-time homebuyers achieve homeownership. Learn more about the exciting new program here!
(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 16th 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.