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Reserved Housing 

What is Reserved Housing?

On Oahu, the Kakaako district in urban Honolulu is fast becoming an attractive and vibrant residential community that represents a unique housing opportunity for Hawaii residents looking live close to the Honolulu business district, Ala Moana, and Waikiki while substantially reducing their daily commute time to work.


Reserved housing is designed to provide affordable to moderate housing in areas like Kakaako, for buyers earning less than 140 percent of the Honolulu area median income (AMI) as established from time to time by the United States Department of Housing and Urban Development (HUD).


New for 2022, at 140% AMI, income limits start at  $111,000 for a 1 person household up to $158,600 for a 4 person household. All buyers will need to go through a qualifying process to ensure they meet the HCDA reserved housing requirements as well as lender requirements. 

View the complete income and asset limit charts below:


Asset Limits HCDA 2023 AMI


*For each person in excess of eight, the four‐person income limit should be multiplied by an additional 8 percent. (For example, the nine‐person limit equals 140 percent [132 + 8] of the relevant four‐person income limit.) *Income limits are rounded to the nearest $50.

*HUD base figures (underlined) were interpolated by HCDA. This chart is provided as a guide only. 

The Hawaii Community Development Authority (HCDA) is a State agency that was established to supplement traditional community renewal methods by promoting and coordinating public and private sector community development. 

What are the benefits?

Ideal Location

Provides first-time home buyers with an opportunity to live in Kakaako, the most vibrant, fastest growing area on Oahu including the new Reserved Housing condo in Ward Village, Ulana Ward Village.

Great Value

Allows eligible and qualified applicants to purchase at below market real estate prices.

Gifts & Co-signing Allowed

Gifting and co-signing provide home buyer assistance and the opportunity for homeownership.

Supporting Local Residents

Reserved housing provides an opportunity for local residents to live in a brand new development that they might not otherwise be able to afford.

What are the qualifications?


  • At least 18 years of age, and a U. S. Citizen or permanent resident; 


  • May not have a majority interest in a principal residence or a beneficial interest in a land trust on a principal residence within or without the State for a period of 3 years immediately prior to the date of application for a Reserved housing unit;

  • May not have a spouse or dependent child who has a majority interest, in a principal residence or a beneficial interest in a land trust on a principal residence within or without the State for a period of 3 years immediately prior to the date of application for a reserved housing unit;

  • May not be the owner or lessee and occupant of a reserved housing unit; 

  • May not have a record or history of conduct or behavior, including past rent payments, which may prove detrimental to other tenants or the authority. This criterion shall be applied within parameters set by federal laws in discrimination including the Americans with Disabilities Act;

  • Be able to provide income & asset verification.

  • Regulated term, buy back, & shared equity requirements apply.

The HCDA website has copies of all current rules and can be found at

More questions?  

To get registered for "Reserved Housing" opportunities or additional info click HERE

We Are Unique

Our vast project sales experience has shown that many Buyers walk into a project without an Agent to represent them and end working directly with the project sales team, who in reality represent the seller (developer).  Many times we see Buyers at the lottery alone, stressed, and under pressure trying to make one of their largest financial decisions without the benefit a Buyer's Agent to consult with and assist them. 


Our sales team works on your behalf as your Buyer's Agent, and we never charge a fee or commission. We are compensated by the developer. So it doesn't cost you anything to have us work for you and in your best interest from start to finish, and from application to closing and beyond.

Benefits of a Buyer's Agent:


  • We will coordinate and schedule a personalized showroom tour either in person if offered, or virtually, for the desired project or projects.

  • Assist with the application pickup process.

  • Assist with lender recommendations in obtaining pre-qualification letters whether utilizing financing or purchasing in all cash.  All developers have a specific list of approved lenders for their project.  We can arrange for an experienced lender from their list of approved lenders in the language of your choice.

  • Assist with the application submittal process to meet all deadlines.

  • Offer suggestions for determining the best unit selections and backup choices.

  • Accompany you to the lottery or public drawing and unit selection.

  • Assist with contract signing.

  • Assist with project Amendments.

  • Coordinate and accompany you to final walk through inspection if allowed.

  • Accompany you to contract signing at completion of project as determined by bulk closing schedule.

  • Hand you your keys and Congratulate you for persevering through this entire process and becoming a NEW Homeowner!

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