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The Affordable Housing Program at The Park on Ke'eamumoku

The Park on Ke’eaumoku’s Affordable Housing Program is a wonderful way to join the brand new condominium community with full size residences and a down payment of 10%.

You’ll enjoy The Park on Ke’eaumoku’s open floor plans crafted with comfort and care, floor-to-ceiling glass windows, a private open-air lanai with every unit, secured covered parking, and seamless access to a selection of amenities at the multi-acre development such as an infinity pool, private cabanas, movie theatre, yoga and fitness studios, private party rooms with an outdoor lanai, and barbeque pavilions.

There are City & County restrictions on qualifying to purchase through the Affordable Housing Program and specific rules should you need to sell your property within the 30 year restricted period. The intent of the program is to provide affordable housing to the people of Hawaii for generations to come.

Ten Steps to Homeownership

  1. Obtain information packet

  2. Verify that you meet the basic qualifications for the Affordable Housing Program

  3. Meet in-person or virtually with a Loan Officer from one of The Park’s Project Lenders to determine eligibility and qualification

  4. Have your Owner Occupant Affidavit notarized and return to your Park’s sales consultant to review your completed application. Due date for application is Saturday Oct. 15, 2022

  5. At the Lottery, you will receive a selection number to determine the order to select a unit that falls within your qualifications.

  6. Your completed application packet with your first choice of unit will be submitted to the City & County for final review.

  7. Upon acceptance, you will be contacted to sign a contract and put down $1,000 towards your initial deposit. The balance of 5% will be due at the end of your 30-day right to review and cancel. A final 5% will be due three months later (120 days after signing your contract).

  8. Your Sales Consultant and Loan Officer will stay in touch during the construction of the building to provide further information and timelines as completion nears.

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