Hawaii Housing Finance and Development Corporation (HHFDC) / City & County of Honolulu
HHFDC / Honolulu Down Payment Loan Program is available in Honolulu, HI.
The Honolulu Down Payment Loan Program provides up to $40,000 as a zero-fee, zero-interest deferred loan with a 20-year amortization term to help first-time homebuyers purchase homes on Oahu. HHFDC also offers the Hula Mae Mortgage Loan Program, providing below-market mortgage rates plus down payment assistance. These programs help buyers access Hawaii's extremely high-cost housing market.
Zero-interest, zero-fee loan for down payment. 20-year amortization. Must be used in conjunction with a first mortgage. Check HHFDC for current income limits and participating lenders.
Official source site checked live on 2026-06-22.
Data last verified 2026-04-03. How we verify our data.
In Honolulu, HI, you can combine this program with other local help to cut your cost:
A grant-savvy contractor in Honolulu, HI can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.
Documents you will likely need
Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.
Deadline: Rolling, subject to funding availability
Ask us. It is free, and a real person answers within a business day.
Email us about this programUp to $40,000 zero-interest, zero-fee down payment loan.
Apply directly with Hawaii Housing Finance and Development Corporation (HHFDC) / City & County of Honolulu using the official program link on this page or call 808-587-0641. There is no middleman and no fee.
Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.
Rebates and discounts that stack on top of any grant. Most are free to use.
This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.
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