Effective as of April 1, 2024, an important update regarding the eligibility requirements for the City & County’s Affordable Housing Rules:

The City & County of Honolulu has removed the eligibility requirement for Affordable Housing applicants to demonstrate a monthly housing payment comprising less than 33% of their total gross household income.

With this change, your lender can now assess your qualification based on their bank’s internal standards for income and debt, thereby expanding opportunities for interested applicants. For individuals considering or previously attempting to apply for an Affordable unit, it is essential to take note of this latest change.

For more information about The Park on Ke`eaumoku’s Affordable Housing Program, view our flyer here.

For more information about The Park on Ke’eaumoku, contact our Sales Consultants at 808-762-0178 or visit our Showroom at 1440 Kapiolani Blvd., Suite 1020 daily between 10 am – 5:30 pm. Check out The Park on Ke’eaumoku online at www.theparkonkeeaumoku.com.

Updated Eligibility Requirements:

1. Be a citizen of the United States or a resident alien.
2. Be at least eighteen (18) years of age.
3. Be domiciled in the State of Hawaii and have a bona fide intent to physically reside in the AH unit as an owner-occupant for the duration of the restriction period.
4. Total gross household income does not exceed the unit’s designated income limit.
5. The total net available household asset does not exceed the purchase price of the unit.
6. Be a person or household member who, either oneself or together or with a household member, do not own or have not owned for three years prior to this application, a majority interest in fee simple or leasehold lands suitable for dwelling purposes.
7. Not be a person who has previously received assistance under a program designed and implemented by any State or county agency to assist persons to purchase affordable housing units.