KEʻOLU at Koa Ridge – First Release Now Open for Applications!

by ED CHONG, R

Keolu-koa-ridge-now-available

Exciting news for first-time homebuyers! The long-awaited launch of KEʻOLU at Koa Ridge – Phase I is officially underway, with applications now being accepted for the first 27 affordable townhomes available in this thoughtfully designed, master-planned community in Central Oʻahu.

This first phase includes a range of 1-, 2-, and 3-bedroom units, priced from $477,500 to $648,500, with designated occupancy requirements to match household sizes. KEʻOLU is part of the City & County of Honolulu’s DPP Affordable Housing Program, making it an incredible opportunity for qualifying local buyers.


📆 Important Dates to Know

  • Applications Opened: Sunday, June 29, 2025

  • Application Deadline: Wednesday, July 9, 2025 @ 5:00 PM

  • Public Lottery Date: Friday, July 11, 2025 @ 9:00 AM (virtual)

  • Unit Selection Follows Lottery in Rank Order

Applications must be submitted in person to the Koa Ridge Sales Office by the deadline. Don’t wait — timing is critical.


🏘 What’s Available in Phase I

The first release includes a mix of floor plans with the following features:

  • 1-Bedroom Units starting at $477,500

  • 2-Bedroom Units starting at $565,000

  • 3-Bedroom Units starting at $635,000

  • All units come with 2 assigned parking stalls

  • Minimum occupancy requirements apply (e.g., 2–5 persons for 2-bedrooms)


✅ Who Qualifies?

This first release is only available to Eligible Owner-Occupants who meet the DPP Affordable Housing Program guidelines, which include:

  • Hawaii residency

  • U.S. citizen or resident alien

  • First-time homebuyer or meet exception

  • Meet income and asset limits (up to 120% AMI)

  • Will live in the unit as a primary residence for 10 years

You must also submit a completed application packet, which includes:

  • DPP eligibility affidavit

  • Affidavit of intent to purchase and reside

  • Lender pre-approval

  • Supporting documents


💬 Need Help Getting Ready?

We’ve created a free KEʻOLU Buyer Prep Guide to help you qualify, avoid delays, and stay organized. It includes:

  • Step-by-step application tips

  • Document checklists

  • Mistakes to avoid

  • KEʻOLU-specific advice from agents who know the process

📥 Request the KEʻOLU Buyer Prep Guide Here


🤝 Why Work With ONE Pacific Realty?

We specialize in affordable new construction and know the KEʻOLU process inside and out. From paperwork to lottery strategy to unit selection — we’re with you every step of the way.

Let us help make KEʻOLU your first home.


📍 Apply by July 9 | Lottery July 11
📩 Contact us for guidance or representation today

ONE PACIFIC REALTY
Real Estate. Real Guidance. Real Hawaiʻi.
www.onepacificrealty.com/keolu

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ONE Pacific Realty Inc.

+1(808) 392-8852

Broker | License ID: RB-22838

Broker License ID: RB-22838

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