Homes for Hawaii's Families
Housing Initiatives
Since our founding more than 100 years ago, HPM Building Supply has focused on providing building materials for homes and businesses. As our company has grown, so has our commitment to our community and innovation that increases attainable housing and reduces houselessness.
Today, as part of our mission to help our community build and live better, we are proud to be among the many organizations sharing expertise and resources to address the statewide housing crisis.
Housing Crisis
The housing crisis is a complex problem that affects all of us. Hawaiʻi has the highest Cost of Living Index in the U.S., and local families are often priced out of homeownership. Households that are either Asset Limited, Income Constrained, Employed (ALICE), unable to afford basic living costs, or live below the poverty line continue to grow at alarming rates.
Our state has a severe housing shortage, and the 50,000 homes projected to be built from 2020-2025 will fulfill just a fraction of the demand. The Census Bureau estimate in 2022 showed that Hawaii’s population has been declining for five consecutive years, and the unspoken understanding is that many people have moved out of state to escape the price of paradise.
Source: Housing Demand Survey and Hawaii Housing Model, Hawaii Housing Finance and Development Corporation, 2019.
HPM Housing
Our Approach
Innovation
Throughout our 100+ years, we have always believed that new ideas and strategies can transform the building industry and create a win-win between businesses and the community.
Empathy
As a 100% local employee-owned company, we truly care for those whom we serve. We are all part of this community together, and we share our love for Hawaii as our home
Partnerships
We believe that the best solutions are developed through the collaboration and combined efforts of businesses, nonprofits, government agencies and community leaders.
Hope Services Hawai'i
Decorative Image
Our Initiatives
Here are some of the many ways that HPM and our owner-employees are pursuing solutions to the housing crisis.
Participating in Solution Finding
HPM and our owner-employees are proud to be part of and support organizations that are leading change, including: