Housing Finance Division
Leveraging public funds to build homes for local families.
Our Mission
The Finance Division facilitates the development of affordable and mixed-use housing by bridging the financial gaps in housing development. We maximize the impact of every public dollar through creative financing, expert bond administration, and the strategic layering of federal, state, and local funds.
Our Impact
$350M+
3,500+
42
$146M+
Our Programs
The division administers the City’s Multifamily Revenue Bond program, oversees the allocation of the City’s Affordable Housing Fund, coordinates the use of federal and state grants to support the delivery of housing and structures creative financing solutions to close financing gaps and maximize leverage on public investment.
Capital Improvements
Featured Projects
The division administers the City’s Multifamily Revenue Bond program, oversees the allocation of the City’s Affordable Housing Fund, coordinates the use of federal and state grants to support the delivery of housing and structures creative financing solutions to close financing gaps and maximize leverage on public investment.
Funding Opportunities
The division administers the City’s Multifamily Revenue Bond program, oversees the allocation of the City’s Affordable Housing Fund, coordinates the use of federal and state grants to support the delivery of housing and structures creative financing solutions to close financing gaps and maximize leverage on public investment.
Financing Opportunities
RGP-DLM-1859213
Date Posted: 01/29/2025
Affordable Housing Strategic Development Program
Offer Due Date & Time (HST): 03/25/2025 03:00 PM
Details: The City and County of Honolulu (“City”), Department of Land Management (“DLM”), through its Department of Budget and Fiscal Services Division of Purchasing (“Purchasing”), is soliciting proposals from nonprofit entities or public agencies to make use of funds available from the City’s Affordable Housing Fund (“AHF”). The City anticipates awarding approximately $5,000,000 in AHF funds. The AHF is established by Section 9-204 of the Revised Charter of the City & County of Honolulu 1973 (Amended 2017 Edition) (“RCH”), and is further defined under Chapter 6, Article 63 of the Revised Ordinances of Honolulu 2021, as amended (“ROH”), with the most recent amendments occurring through Ordinance 20-9.
RGP-DLM-1817502
Date Posted: 05/10/2023
Affordable Housing Strategic Development Program
Offer Due Date & Time (HST): 07/22/2024 03:00 PM
Details: The City and County of Honolulu (“City”), Department of Land Management (“DLM”), through its Department of Budget and Fiscal Services Division of Purchasing (Purchasing), is soliciting proposals from nonprofit entities or public agencies to make use of funds available from the City’s Affordable Housing Fund (“AHF”). The City anticipates awarding approximately $8,000,000 in AHF funds. The AHF is a special fund that was established by Section 9-204 of the Revised Charter of the City & County of Honolulu, as amended (“RCH”), and is further defined under Chapter 6, Article 63 of the Revised Ordinances of Honolulu, as amended (“ROH”), with the most recent amendments occurring through Ordinance 20-9.
Development Opportunities
RFQ-DHLM-25-05
Date Posted: 09/29/2025
Royal Kunia Park and Ride
Offer Due Date & Time (HST): 11/14/2025 01:00 PM
Details: The City seeks to enter into a public-private partnership to redevelop City-owned land located at the corner of Kupuohi Street and Kupuna Loop (the “Property”), through a qualified person(s) and/or firm(s) who meet the qualifications described herein (each, an “Offeror”). At its sole discretion, the City may select one Offeror to redevelop the Property.
RFQ-DHLM-25-04
Date Posted: 08/22/2025
1930 Dillingham Blvd and 1907 Eluwene St.
Offer Due Date & Time (HST): 10/10/2025 01:00 PM
Details: The City seeks to enter into a public-private partnership to redevelop City-owned land located at 1930 Dillingham Blvd and 1907 Eluwene St. (the “Property”), through a qualified person(s) and/or firm(s) who meet the qualifications described herein (each, an “Offeror”). At its sole discretion, the City may select one Offeror to redevelop the Property.
RFQ-DHLM-25-03
Date Posted: 05/30/2025
Kapolei Parkway Lots 2-5
Offer Due Date & Time (HST): 07/25/2025 01:00 PM
Details: The City seeks to enter into a public-private partnership to redevelop City-owned land (Lots 2-5) along Kapolei Parkway (the “Property”), by a qualified person(s) or firm(s) who meet the qualifications described herein (each, an “Offeror”). At its sole discretion, the City may select an Offeror to redevelop the Property.
RFQ-DHLM-25-02
Date Posted: 03/03/2025
Iwilei Center
Offer Due Date & Time (HST): 04/30/2025 01:00 PM
Details: The City seeks to enter into a public-private partnership to redevelop City-owned land (Lots 2-5) along Kapolei Parkway (the “Property”), by a qualified person(s) or firm(s) who meet the qualifications described herein (each, an “Offeror”). At its sole discretion, the City may select an Offeror to redevelop the Property.
RFQ-DHLM-25-01
Date Posted: 01/30/2025
436 Ena Rd, 1615 Ala Wai Blvd., 130 S. Beretania St., and 1421 Pensacola St.
Offer Due Date & Time (HST): 03/21/2025 01:00 PM
Details: The City is seeking to enter into a public-private partnership to redevelop four (4) under-utilized City-owned land assets (each, a “Real Property”, and collectively, the “Portfolio”) by a qualified person(s) or firm(s) who meet the qualifications described herein (each, an “Offeror”). At its sole discretion, the City may select one Offeror to redevelop the Portfolio, or may select one or more Offers to redevelop the Properties individually.
Latest News
DHLM staff member appointed to Hawaiʻi Judicial Selection Commission
We’re proud to share that Ailina Tagupa-Laborte, a planner in DHLM’s Finance Division, has been appointed to serve on the Hawaii Judicial Selection Commission. Appointed by Senate President Ronald D. Kouchi, Ailina will serve a six-year term from April 2, 2026 through April 1, 2032.
From sugar mill to senior living: Aloha Iā Halewilikō opens 140 affordable homes for kūpuna in ʻĀiea
A former sugar mill site in ʻĀiea has been transformed into 140 new affordable homes for kūpuna. Community leaders and partners gathered for a Hawaiian blessing and dedication, marking a major milestone in expanding long-term, affordable housing options for Oʻahu seniors.
Advancing affordable housing through finance: David T. Oi
Meet DHLM’s new finance division chief and learn how strategic public investment helps turn housing plans into real homes for local families.
Swipe through 2025: DHLM’s year in review
This year, we moved housing forward, planned future neighborhoods, improved how public land is used, and strengthened long-term stewardship across Oʻahu. None of this progress happens without strong partnerships and community voices. Mahalo for being part of the journey — here’s to continued progress in 2026.
Reimagining Iwilei: Unlocking transit-oriented redevelopment on Honolulu’s urban waterfront
The City is partnering with the Center for Creative Land Recycling (CCLR) to tackle one of the most complex brownfield redevelopment challenges in the country—advancing transit-oriented planning in Iwilei alongside Honolulu’s expanding rail system.
Kūhiō Park Terrace redevelopment enters next chapter with ground blessing
Partners and community members gathered in Kalihi to bless the start of the next phase of the Kūhiō Park Terrace Redevelopment, a $214 million effort delivering 302 new affordable rental homes with strong City–State collaboration.