We propose a new model of the D-term hybrid inflation in the framework of supergravity. Although our model introduces, analogously to the conventional D-term inflation, the inflaton and a pair of scalar fields charged under a gauge symmetry, we study the logarithmic and exponential dependence on the inflaton field, respectively, for the K"ahler and superpotential. This results in a characteristic one-loop scalar potential consisting of linear and exponential terms, which realizes the small-field inflation dominated by the Fayet-Iliopoulos term. With the reasonable values for the coupling coefficients and, in particular, with the gauge coupling constant comparable to that of the Standard Model, our D-term inflation model can solve the notorious problems in the conventional D-term inflation, namely, the CMB constraints on the spectral index and the generation of cosmic strings.

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