Down Payment Assistance from City & County of Honolulu


The City and County of Honolulu’s Down Payment Loan Program is part of the City’s efforts to promote homeownership and create a strong community.  Utilizing HOME Investment Partnership Act funds from the U.S. Department of Housing and Urban Development, this program provides a zero interest loan to qualified low- and moderate-income families to meet down payment requirements for home purchase.


Who may apply for the City’s Down Payment Loan?
Prospective homebuyers who have not owned a residential property and whose annual household incomes are under the maximum income shown below:

Number in Household 2014 Annual Income*
1 $53,700
2  61,350
3  69,000
4  76,650
5  82,800
6  88,950
7  95,050
8 101,200
9 107,200
10 113,400


*These income limits are subject to periodic revision.

What is the maximum loan amount?

The loan limit is $40,000.  Loans will be made on a first-come first-served basis subject to the availability of funds.

What is the interest rate and loan fee?
The interest rate is 0% for all income-eligible borrowers.  There is no loan fee.


If you are interested in finding out more about down payment assistance programs contact us.
About the Author

Brandon Lau grew up in Kailua and currently resides in Honolulu with his wife Andee and children Caylah, Elijah, and David. His eighteen years in real estate led him to become a Partner at ChaneyBrooks Choice Advisors. Over the past 10 years he has developed the team and systems that has created a high level of service and value for his clients.

What differentiates Brandon and his team is his consultative approach to real estate. He advises clients with relevant data and expert insight to help them make the best choices in real estate. Good choices in planning for long term dispositions, negotiating for the best price or knowing when not to pursue an investment are ways his consultative services will give you an advantage in the marketplace. His bottom line is providing service with the utmost integrity and expertise.