Nā Hale O Maui is a non-profit organization that provides affordable housing ownership to low and moderate income households. NHOM retains ownership of the underlying land and sells the improvements (house) to the homeowner coupled with a sustainable long-term renewable and inheritable 99 year ground lease. The homeowner must occupy the home and has full exclusive use of the land.
NHOM received funding from HUD’s Neighborhood Stabilization Program and the County of Maui Affordable Housing Fund. The funds allowed NHOM to acquire, rehabilitate, build and sell homes to qualified homebuyers who have completed the 4 Step program. We recently completed building 12 new affordable homes in the Kahoma Residential Subdivision and sold them to income qualified island buyers.
Nā Hale O Maui has 46 Single Family homes in Wailuku, Kahului, Kihei, Makawao and Lahaina that were sold to income qualified households!
It is most important that you work on completing our 4 Step Program so that you can be added to our list of qualified homebuyers. As units become available you will be able to participate in our homebuyer selection process. You must meet the income qualifications for the particular unit you are interested in purchasing.
Nā Hale O Maui 4 Step Program for Affordable Housing includes the following:
Step 2. Get a pre-qualification or pre-approval letter from your lender
You may work with any lender you choose for this step, however they may not necessarily be willing to loan on leasehold community land trust property.
The following lending institutions have reviewed our ground lease and are willing to provide competitive loans secured by mortgages on leasehold real estate property.
We have other lending institutions that are in the process of reviewing our documents and we will make those names available as they are confirmed.
Step 3. Attend a homebuyer education financial workshop
You may attend a Homebuyer Educational Financial workshop before you attend our next homebuyer seminar or before obtaining a pre-qualification or pre-approval letter.
Workshops are being offered by three different organizations. Classes may have been rescheduled due to the COVID19 situation.
Hale Mahaolu Classes: $75 per household
For full details of Virtual interactive Classes (series of 3 sessions) or the Online Framework Course log on to
Email Marlynn Tanji at firstname.lastname@example.org or call her at 242-7027
Step 4. Meet with NHOM staff to discuss the ground lease, resale formula and homebuyer selection policy
This is the final step after you have completed the first 3 steps.
Please make sure your pre-qualification or pre-approval letter is still valid then contact our staff to schedule a time to meet.
Income Guidelines effective May 1, 2020
Maximum Income: To be considered for selection, a household must have a combined annual income which does not exceed one of the following: 80%, 120% or 140% of the HUD median income of households of Maui County or the median income for Hana, Lanai and Molokai, as adjusted by the Department of Housing and Human Services. The grant funding agency for the property determines the maximum income limit. The HUD income calculation method may also includes income from assets. Listed below are the maximum income guidelines per household using gross annual income.
|Area Median Income||80%||100%||120%||140%|
|Max Income Limits (household of 4)||$78,000||$97,500||$117,000||$136,500|
- Participants must be a US citizen or registered alien
- Owner occupancy required
Information may be changed from time to time. Contact us for the most current updates.
Last updated 9.28.20