Contract Clock
Menu

Hawaii

Hawaii: Section 8 properties with a decision coming

HUD's file lists 107 active project-based assistance contracts in Hawaii, covering 3,904 assisted units. 38 of them reach their final expiration date by Oct 2028, when the owner has to choose whether and how to renew. 29 Section 8 HAP contracts pay rents under 90% of the area's Fair Market Rent, a first sign of a property that could qualify for a rent increase at renewal.

107active contracts on 105 properties
38reaching final expiration by Oct 2028 (460 assisted units)
29HAP contracts with rents under 90% of FMR
2FHA-insured apartment loans maturing within five years

Contracts reaching final expiration by Oct 2028

These contracts end their overall term within two years of HUD's October 6, 2026 file. The owner chooses among the renewal options the property qualifies for, and an owner who wants out has to give tenants at least a year's notice. "Rent vs FMR" is HUD's ratio of contract rent to the area's Fair Market Rent.

PropertyUnitsAssistedContract typeFinal expirationRent vs FMRHUD loan
Harry & Jeanette Weinberg Hale KuhaoWaipahu, Honolulu County2415PRAC/811Oct 202681%202/811
Harry & Jeanette Weinberg Hale KuhaoWaipahu, Honolulu County248PRAC/811Oct 202669%202/811
Ko Kakou HaleKaneohe, Honolulu County87PRAC/811Nov 202647%202/811
Weinberg Hale KupaaNaalehu, Hawaii County65PRAC/811Nov 2026102%202/811
Maui Kokua HousingKahului, Maui County76PRAC/811Dec 202636%202/811
Hale MaunaloaMaunaloa, Maui County55PRAC/811Dec 202637%202/811
Weinberg Hale HaikuKaneohe, Honolulu County65PRAC/811Jan 202780%202/811
Arc Of Hawaii Housing Project Number 8Waipahu, Honolulu County108202/8 SRFeb 202777%
Hale MalieKaneohe, Honolulu County87PRAC/811Feb 202742%202/811
Hale KohoHonolulu, Honolulu County76PRAC/811Feb 202749%202/811
HookahuaKapaa, Kauai County1815PRAC/811Mar 202750%202/811
Hale AlohiHonolulu, Honolulu County1312PRAC/811Mar 202736%202/811
KahookamamaluWailuku, Maui County1010PRAC/811Mar 202753%202/811
Shdc No. 7Lihue, Kauai County65PRAC/811Mar 2027100%202/811
Shdc No. 8Honokaa, Hawaii County115PRAC/811Mar 202797%202/811
Weinberg Hale Kai MalinoKailua Kona, Hawaii County65PRAC/811Mar 2027108%202/811
Arc Of Hawaii Housing Proj. No. 12Ewa Beach, Honolulu County1815PRAC/811Apr 202751%202/811
Hilo HaleHilo, Hawaii County98PRAC/811Apr 202746%202/811
KealahouKailua Kona, Hawaii County76PRAC/811Apr 202753%202/811
Shdc No. 5Kealakekua, Hawaii County65PRAC/811Jun 202799%202/811
Hale OliEwa Beach, Honolulu County76PRAC/811Jun 202747%202/811
Hale Kokua KaiEwa Beach, Honolulu County76PRAC/811Jun 202752%202/811
Shdc No. 1Kailua, Honolulu County1010PRAC/811Jul 202777%202/811
Shdc No. 6Kaneohe, Honolulu County65PRAC/811Jul 202785%202/811
Hale O Manao Lana Hou Ph IIWailuku, Maui County1515PRAC/811Jul 202740%202/811
Shdc No. 2Hilo, Hawaii County65PRAC/811Sep 2027106%202/811
Weinberg Hale LoliiKaneohe, Honolulu County65PRAC/811Sep 202784%202/811
Hale NohoKaneohe, Honolulu County87PRAC/811Sep 202742%202/811
Kona KokuaKailua Kona, Hawaii County54PRAC/811Sep 202761%202/811
The DuplexPearl City, Honolulu County1010202/8 NCOct 202768%
Harry & Jeanette Weinberg SilvercrestWahiawa, Honolulu County8078PRAC/202Jan 202848%202/811
Mohouli Heights Senior NeighborhoodHilo, Hawaii County4039PRAC/202Jan 202863%202/811
Home PumehanaKaunakakai, Maui County855PRAC/202Apr 202861%202/811
Harry & Jeanette Weinberg Senior Res At MaluhiaHonolulu, Honolulu County4039PRAC/202Jun 202872%202/811
Hale Mahaolu Eono 5Lahaina, Maui County55PRAC/202Jun 202858%202/811
Kauai Economic Opportunity, Inc.Kapaa, Kauai County54202/8 NCJul 202880%
Waimea Elderly Housing ProjectKamuela, Hawaii County4039PRAC/202Aug 202847%202/811
Senior Residence At Kapolei Phase IIKapolei, Honolulu County2020PRAC/202Sep 202846%202/811
 Source: HUD Multifamily Assistance and Section 8 Contracts database, data as of October 6, 2026.

Section 8 contracts paying well under Fair Market Rent

HAP contracts with at least 20 assisted units whose rent-to-FMR ratio in HUD's file is under 90%, lowest first. Below-market contract rents are what HUD's Mark-Up-to-Market renewal option addresses, if the property qualifies; a rent comparability study, not this ratio, decides the new rents. "Run math" loads the size and ratio into the offer calculator.

PropertyUnitsAssistedRent vs FMRFinal expirationCurrent term ends
Halawa View ApartmentsAiea, Honolulu County1212438%Jan 2034Jan 2027Run math
Luana Gardens IIKahului, Maui County605350%Dec 2043Dec 2026Run math
Riverside ApartmentsHilo, Hawaii County746955%Aug 2045Aug 2027Run math
Westlake ApartmentsHonolulu, Honolulu County969555%Jul 2046Jul 2027Run math
Luana Gardens IIIKahului, Maui County626257%Dec 2033Dec 2026Run math
Kalani Garden ApartmentsMililani, Honolulu County1192463%Sep 2044Sep 2027Run math
Haili ElderlyHilo, Hawaii County363563%Mar 2032May 2027Run math
Ainakea Elderly Housing ProjectKapaau, Hawaii County212066%Jun 2046Jun 2027Run math
Kulaimano Elderly Housing ProjectPepeekeo, Hawaii County504975%Oct 2037Oct 2026Run math
Kewalo ApartmentsHonolulu, Honolulu County383275%Jan 2034Jan 2027Run math
Arc Of Hawaii Housing Proj. No. 11Honolulu, Honolulu County232077%Mar 2040Mar 2027Run math
Hale HoalohaHilo, Hawaii County818079%Dec 2031Aug 2027Run math
Kamana ElderlyHilo, Hawaii County626182%Nov 2037Nov 2026Run math
Waipahu TowerWaipahu, Honolulu County646286%Apr 2037Apr 2027Run math
Hale Lokahi AkahiWailuku, Maui County212086%Apr 2035Apr 2035Run math
Kulana NaniKaneohe, Honolulu County1603287%Aug 2029Aug 2027Run math
 Source: HUD Multifamily Assistance and Section 8 Contracts database, data as of October 6, 2026. HUD describes the ratio as a guide only.

HUD-insured loans maturing in the next five years

A HUD loan amortizes to zero, so a near maturity usually means a small balance left on an older building. The list shows only what HUD's file says: the loan, its balance and its maturity date. It says nothing about any owner's plans, other debt or willingness to sell.

PropertyUnitsProgramBalanceMatures
Hale PauahiHonolulu 96817 · FHA 14035107 369 223(a)(7) $1,923,143 Oct 2028
Kuhio Park Terrace AptsHonolulu 96819 · FHA 14097260 555 542(b) $27,241,712 Apr 2029
Source: HUD Insured Multifamily Mortgages file, data as of September 30, 2026.

Filter every Hawaii contract

Turn on JavaScript to filter every contract in this state; the tables above show the top of each list.

Watch a contract

HUD republishes this file about once a month. Pick a contract and we'll email you when a new file shows it renewed (a later expiration date), ended or changed status, or moved inside 24 or 12 months of its final expiration.

We match on HUD's contract number, so a renewal under a new contract number shows up as this one expiring. Every contract is in the download files if you'd rather track them yourself.

The list holds the Hawaii contracts in the tables above. Use "Watch" in the filter to add any other contract.

Alert emails haven't started on this site yet. Sign-ups are saved, and when sending starts the first email asks you to confirm.

Before you call an owner

Write to the owner of record from the county's deed records; HUD's file shows the contract, not the deed. Never contact residents or on-site staff about a sale, and never suggest to residents that their housing is about to change.

Buying the property means HUD has to approve you to take over the contract. Read what HUD reviews when a Section 8 property sells before you write a letter of intent.

Price it, then finance it

Use the offer calculator to value the property at today's contract rents and at market rents, then send the deal to the desk for acquisition financing.

Not affiliated with HUD. Inclusion here doesn't mean a property is for sale. How this data is built.