This is a leasehold property. You must be a native Hawaiian, defined as “any descendant of not less than one-half part of the blood of the races inhabiting the Hawaiian Islands previous to 1778.” This means you must have a blood quantum of at least 50 percent Hawaiian.
A 4-bedroom 2 bath home on a large corner lot….yes needs some TLC but has lots of potential for a Buyer that’s handy with tools.
The Sellers will consider any reasonable offer.
https://dhhl.hawaii.gov/applications/ Visit this page for Q&A as well as the DHHL application, an approved application should be included with any offer.