Honolulu has some of the highest housing costs in the nation, driving significant government investment in affordable housing. Hawaii Housing Finance and Development Corporation's LIHTC program and local incentives aim to address the critical shortage.
These programs are available specifically to investors and developers in the Honolulu, HI market.
Hawaii allocates LIHTC credits with extremely high per-unit limits reflecting the state's elevated construction costs.
Learn moreState fund providing gap financing for affordable rental housing development at below-market interest rates.
Learn moreTransit-oriented development incentives along the Honolulu Rail corridor, including density bonuses and parking reductions.
GET exemption on construction costs for qualifying affordable housing projects.
Low-Income Housing Tax Credits are the largest source of affordable housing financing in the U.S. In Hawaii, credits are allocated by HHFDC.
Credits are allocated by HHFDC through their Qualified Allocation Plan (QAP), which outlines scoring criteria and priorities.
View HHFDC LIHTC ProgramExtremely high Section 8 payment standards ($2,400 for 2-BR)
Rental Housing Revolving Fund provides below-market gap financing
GET exemption reduces construction costs on affordable projects
25 Opportunity Zones with appreciation potential tied to rail development
FundNow Capital provides DSCR loans, bridge financing, and portfolio loans that complement government incentive programs in Honolulu.
Qualify using Section 8 rental income — government-backed rents strengthen your DSCR ratio.
Learn moreShort-term financing to acquire and stabilize properties before permanent LIHTC or agency financing.
Learn moreFinance multiple properties in Honolulu's Opportunity Zones under a single loan structure.
Learn moreTell us about your Honolulu investment plans. We'll match you with the best financing options within 24 hours.