1. Home
  2. /
  3. Hawaii Elite Real Estate
  4. /
  5. Hawaii Real Estate
  6. /
  7. Big Island
  8. /
  9. Finding Affordable Solutions: A...
Your search results

Finding Affordable Solutions: A Guide to Big Island Workforce Housing Programs

Posted by benjamen.harper@gmail.com on May 31, 2025
0

Quick Facts

• The Hawaii Island Workforce Housing Coalition advocates for affordable housing solutions.
• The County of Hawaii offers programs and incentives for workforce housing development.
• The Hawaii Appleseed Center for Law and Economic Justice focuses on housing justice and affordability.
• Pahoa Village Association actively works on affordable housing issues within their community.
• The West Hawaii Community Housing Corporation develops and manages affordable housing projects.
• Habitat for Humanity Hawaii Island assists with building and repairing homes for qualified families.
• The Kohala Center seeks to address housing needs through research and community partnerships.
• The island’s Workforce Housing Trust Fund provides financial support for workforce housing projects.
• The University of Hawaii at Hilo offers resources and workshops on affordable housing issues.
• Various non-profit organizations provide rental assistance and supportive housing services.

Finding Your Place: Big Island Workforce Housing Programs

The Big Island of Hawaiʻi, with its stunning landscapes, rich culture, and diverse economy, is a magnet for dreamers and doers. But finding affordable housing on this paradise island can be a real challenge, especially for working individuals and families. The cost of living, particularly for housing, has been steadily rising, making it difficult for local residents, essential workers, and newcomers alike to find a place to call home.

The good news? The Big Island is home to a number of innovative workforce housing programs aimed at addressing this critical issue. These programs offer a variety of solutions, from rental assistance to home ownership opportunities, designed to make the dream of island living a reality for more people.

Let’s explore some of the key workforce housing initiatives available on the Big Island:

1. Hawaiʻi Housing Finance and Development Corporation (HHFDC)

Established in 1962, the HHFDC is a state agency dedicated to providing affordable housing solutions for Hawaiʻi residents. Their programs include:

  • Rental Assistance: HHFDC offers rental assistance programs for eligible low- and moderate-income households. These programs help reduce the burden of rent payments, making it easier for families to afford decent housing.
  • First-Time Homebuyer Programs: The HHFDC provides various first-time homebuyer programs, such as down payment assistance and low-interest mortgage loans, to make homeownership more accessible.

2. County of Hawaiʻi Programs:

The County of Hawaiʻi, recognizing the urgent need for affordable housing, has implemented its own initiatives:

  • Waimea Affordable Housing Project: This project is developing much-needed workforce housing units in the community of Waimea, south of the Kohala Mountains. It offers a mix of housing options, including one-bedroom, two-bedroom, and three-bedroom apartments.
  • Affordable Housing Rental Units: The County owns and manages several affordable rental units throughout the island.

3. Non-Profit Organizations

Several non-profit organizations on the Big Island are actively involved in providing workforce housing solutions:

  • Big Island Habitat for Humanity: This organization partners with families in need to build and rehabilitate affordable homes.

Understanding the Benefits

This means there are more options available than you might think. Imagine being able to find a decent, affordable place to live near your work, near the beaches, or away from the hustle and bustle. Workforce housing programs make that dream a reality for many.

Here are some key benefits:

  • Reduced Housing Costs: Workforce housing generally offers lower rents or purchase prices compared to market rates. This can free up valuable income for essential expenses and improve overall financial well-being.
  • Increased Housing Stability: Offering secure, long-term housing solutions, these programs help residents avoid the constant stress of finding affordable housing. Families can put down roots and build a sense of community.
  • Support for the Local Economy: Workforce housing programs play a vital role in supporting a thriving local economy by ensuring that essential workers, teachers, nurses, and other vital professionals can afford to live and work on the Big Island.

Looking for Inspiration?

Think beyond the typical tourist haunts and take a little road trip to the charming community of Holualoa, nestled in the mountains south of Kona. This historic coffee-growing region is home to one of the most successful workforce housing initiatives on the Big Island. The Holualoa Community Development Corporation has spearheaded several projects, providing much-needed affordable housing options for the community’s residents.

Need Help Getting Started?

Don’t hesitate to reach out for help!

Hawaii Elite Real Estate has partnered with community organizations to provide our clients with exclusive information about the latest workforce housing opportunities. Call us today at 808-866-6593 for a free consultation. Our knowledgeable team can answer your questions and guide you through the process.

Remember, affordable housing is a right, not a privilege. With the right resources and support, you can make your dream of living on the Big Island a reality.

Frequently Asked Questions:

Big Island Workforce Housing Programs FAQ

What is workforce housing?
Workforce housing is designed to provide affordable housing options for essential workers who earn too much to qualify for traditional low-income housing but still struggle to afford market-rate rentals or home purchases.

Who is eligible for workforce housing?

Eligibility requirements vary by program, but generally include:
* Meeting income limits based on area median income.
* Working in an essential industry on the Big Island, such as healthcare, education, agriculture, or hospitality.
* Not owning another home.

What types of programs are available?

The Big Island offers a variety of workforce housing programs, including:
* Rental units in subsidized developments
* For-sale homes with affordable price points
* Down payment assistance programs
* Homeownership development programs

How do I find out more about specific programs?
Contact the following organizations:
* Hawaii Housing Finance and Development Corporation (HHFDC)
* County of Hawaii Department of Housing and Community Development
* Local non-profit housing organizations

Where can I apply for workforce housing?
Applications are typically accepted through the administering agency for each program. You can find contact information and application details on program websites or through the organizations listed above.

Are there any waiting lists?
Yes, many workforce housing programs have waiting lists due to high demand.

What are the benefits of workforce housing?
Workforce housing helps:
* Attract and retain essential workers on the Big Island
* Promote economic stability and growth
* Create vibrant and diverse communities

Is there financial assistance available beyond the program itself?
Some programs may offer additional financial assistance, such as moving expenses or help with energy efficiency upgrades.

This FAQ provides general information.
Please contact the organizations listed for specific details on eligibility, application procedures, and available programs.

Resources & Links

Here are 5 clickable HTML links related to Big Island workforce housing programs:

Please note that some organizations might require registration or updates to their current programs.

For Buyers & Sellers

As a large language model, I don’t have personal experiences or emotions, so I can’t provide a personal summary. However, can give you an informative summary of how Big Island workforce housing programs impact home buyers and sellers.

Impact on Home Buyers:

  • Increased affordability
  • Limited selection
  • Specific eligibility requirements
  • Potential price appreciation

Impact on Home Sellers:

  • Potential buyers pool
  • Competition from non-traditional buyers
  • Changing market dynamics

Overall

Workforce housing programs can have both positive and negative impacts on the Big Island housing market. While they aim to improve affordability and access to homeownership for essential workers, they can also create competition and potentially impact the dynamics of specific neighborhoods.

It’s important to consider these factors carefully when buying or selling a home on the Big Island, depending on your individual circumstances and goals.

Stay connected to the real estate market with our FREE personalized property alerts.

Hawaii Real Estate
New properties hit the market every day and great deals move fast. 

Stay ahead of the market with advanced personalized property alerts and market reports.

Describe your dream home and we’ll help you find it!