Purposeful Processing · Hale Build
The Hale Build Down Payment Program helps Hawai'i land lease holders build a new home. Our non-profit partner Kāpili Like grants 25% of your purchase price as your down payment at loan closing. You earn it by connecting local businesses that move their card processing to VentureKap, at no extra cost to them.
Quality homes · Strong families · Brighter Hawai'i
Local Hawaiian businesses helping Hawaiians stay in Hawai'i
Hawai'i families shouldn't have to leave the islands to own a home. Hale Build turns everyday card swipes at local businesses into down payments for local families.
Our non-profit partner administers the program and grants each qualified participant their down payment under the program guidelines. kapililike.org
Signs up the businesses you refer for card processing and funds the down payment to Kāpili Like from that processing.
You choose your home, then you, your family and your friends refer local businesses until you reach your number.
Hale Build options
Four home plans. Your down payment is 25% of the purchase price, and each plan has a set number of businesses to refer.
*Estimated principal and interest only on the purchase price less the granted down payment, at the example rates shown. Taxes, insurance, lease rent and fees are not included. Rates and terms are set by your lender and are not a loan offer. Purchase prices are set by the builder and may change.
From referral to keys
Start 5 to 6 months before your construction closing.
Pick a 2 to 5 bedroom Hale Build and apply. You'll get your own program page with a personal QR code.
Share your QR code with business owners you know. Invite family and friends to share theirs too. VentureKap signs the businesses up.
Businesses process with VentureKap, averaging $100,000 a month each, while your construction loan moves forward.
Kāpili Like grants your down payment at loan closing. Your 24-month commitment begins.
A qualifying business
Bring your 'ohana
Your 24-month commitment
Your down payment is a grant, with one responsibility: keep your businesses in place for 24 months.
Before month 24, refer a replacement business within 90 days.
You repay that business's share of your down payment, shown below.
Business closures, including unintentional closures, don't count against you. No obligation after month 24.
| Home option | Down payment | Businesses | Share per business |
|---|---|---|---|
| 2 Bedroom | $122,500 | 8 | $15,312.50 |
| 3 Bedroom | $147,500 | 10 | $14,750.00 |
| 4 Bedroom | $157,500 | 11 | $14,318.18 |
| 5 Bedroom | $172,500 | 12 | $14,375.00 |
For local business owners
Times are tough for everyone. Hale Build asks businesses for nothing extra: you already pay to accept cards. Move that processing to VentureKap and part of the processing revenue funds a local family's down payment through Kāpili Like.
Business brochure
Got a participant's personal QR code? Scan that one instead so your support is credited to their family.
Brochures
Download and share the Hale Build flyers with family, friends and business owners.
Hawai'i residents who hold a land lease (including DHHL homestead lessees) or expect a lease award, and who plan to build a Hale Build home. Participation requires a signed program agreement with Kāpili Like.
No. Kāpili Like grants the down payment under the program guidelines. The only repayment is the share for a business that leaves within 24 months of your closing and isn't replaced within 90 days.
VentureKap funds the program to Kāpili Like from the card processing of the businesses you refer. Kāpili Like then grants your down payment, paid at your loan closing.
Yes. From your program page you can invite as many family members and friends as you like. Each gets a personal QR code, and every business they refer counts toward your down payment.
Yes. Construction and mortgage financing are provided separately by your lender, who must accept the down payment source. Our partners can connect you with loan officers familiar with Hawai'i home loan programs.
About 5 to 6 months before your construction closing, so businesses have time to be signed up and process for roughly 90 days.
