Hawaiʻi county will be distributing $11.8 million in Affordable Housing Production (AHP) Program funds to six projects across Hawaiʻi Island.
Through the Fiscal Year 2025-26 AHP Program grant awards, the County’s Office of Housing and Community Development (OHCD) focused on projects that would support the following priorities: increasing units for moderate-income families, supporting sustainable homeownership opportunities, and preserving existing housing units.
This year’s funding cycle incorporated broad community input, including two public meetings, a countywide housing needs survey, and amendments to the AHP Administrative Rules. All projects were evaluated using a standardized weighted scoring framework that considered impact and delivery, readiness, community need, organizational qualifications and capacity, and financial feasibility and leverage.
Funding for the AHP Program is made possible through an ordinance passed by the Hawaiʻi County Council in 2022, which appropriates a minimum of $5 million per year to OHCD for the production and preservation of affordable housing.
Of the six projects awarded funds, four were selected through the competitive Request for Proposals (RFP) process. Two County-administered initiatives were funded through the program’s discretionary set-aside.
The four projects selected through the RFP were approved by the County Council through Resolution 384-25.
Projects Awarded through the RFP include:
Ho’omalu at Waikoloa
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Type: New Construction
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Housing: Rental
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Affordability Period: 66 years
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Area Median Income Level: <100%
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Units: 229
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Amount: $3 million
Laula Road
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Type: New Construction
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Housing: For-Sale
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Affordability Period: Perpetuity
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Area Median Income Level: 81%-140%
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Units: 1
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Amount: $300,000
Ua Hale Aʻela Hawai’i County
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Type: Acquisition/Financial Assistance
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Housing: Rent to Own
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Affordability Period: Perpetuity
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Area Median Income Level: <120%
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Units: 28
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Amount: $4.1 million
Deferred Payment Loan Program
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Type: Financial Assistance
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Housing: Ownership
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Affordability Period: Perpetuity
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Area Median Income Level: 81%-140%
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Units: 8
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Amount: $790,100
Projects Funded Through County Set-Aside
Hawaiʻi County Housing Protection Program
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Type: Acquisition/Preservation
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Housing: Rental/For-Sale
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Affordability Period: Varies
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Area Median Income Level: <120% (rental) / <140% (for-sale)
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Units: TBD
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Amount: $1,697,346
Home Improvement Loan Program
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Type: Financial Assistance
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Housing: Ownership
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Affordability Period: Perpetuity
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Area Median Income Level: <80%
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Units: 40
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Amount: $2 million
For more information on the AHP Program, including annual plans and reports, please visit www.hawaiicounty.gov/ahp or email ohcd.ahp@hawaiicounty.gov.
