Project Portfolio

The HPHA continues to embrace innovative approaches to redeveloping its aging and obsolete property inventory through higher density redevelopment models such as Mixed-Finance and Rental Assistance Demonstration (RAD) conversion. The United States Department of Housing and Urban Development (HUD), who provides the majority of HPHA’s annual operating funding, encourages this approach. These programs are typically executed through public private partnerships, better positioning HPHA properties to access the private capital and financing necessary to revitalize them into vibrant communities for future generations.
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HPHA has developed a strategic program over the last several years that involves pursuing a series of public-private partnerships to undertake the redevelopment of individual properties in our portfolio. Several of these properties are located nearby planned stations of the Honolulu Light Rail System and could immediately benefit from Transit Oriented Development (TOD) incentives under this initiative.

Undertaking redevelopment of the state assets would not only allow the HPHA to rehabilitate functionally obsolete public housing units, but would substantially reduce expensive repair and maintenance costs required to maintain these units, while also significantly expanding the inventory of critically needed affordable housing units across the state.