Affordable in Perpetuity

Homeownership with HALE o Hawaii

HALE o Hawaiʻi, a Community Land Trust (CLT), was created to put homeownership within the reach of the working families of Hawaiʻi County. We partner with developers and industry partners to build new affordable units, as well as acquire distressed properties for renovation and community revitalization.

When you buy a home from HALE o Hawaii, you own the house your family lives in, while the community land trust owns the land on which your home sits. Homebuyers receive deed to their home and a 99-year renewable ground lease to the land on which their home is located.

By not having to pay for the speculative price of the land, our homes are much more affordable. When homeowners choose to sell, they receive a fair share of equity, capped by a resale formula, ensuring affordability for the next homebuyer.

How Does It Work?

Please reach us at na.hale.o.hawaii.county@gmail.com if you cannot find an answer to your question.

Who holds the title?

HALE o Hawaii County owns and holds the title to the land forever.

How is the land conveyed?

The land is conveyed to a qualified and selected homeowner using a 99-year renewable ground lease.

Are there use restrictions on the land?

Homeowners receive full possessory use of the land.

What do buyers purchase?

Homeowners own the home and all improvements, evidenced by a Deed.

What documents serve as evidence of the deal?

The Ground Lease and Deed are recorded, enforceable, and legally-binding documents.

What is HALE's ongoing role?

HALE has a continuing interest in what happens to the homes and people who occupy them. Including approval of any capital improvements to the property.

What about the down payment?

Qualifying individuals should be prepared to make a down payment to secure their loan. HALE may be able to assist.

Affordable in Perpetuity

Homeownership with HALE o Hawaii

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How Does It Work?

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