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Saturday, December 8, 2012

New Affordable Housing Project in Kapolei Accepting Applications

The Mutual Housing Association of Hawaii has announced that they will now be accepting applications for the Ko’oloa’ula Apartments, a new affordable housing project in East Kapolei.  The initial phase of the $35.4 million community will contain 120 apartments within three-story townhouse buildings.  There will be one, two, three and four bedroom units in the complex and rents will be between $519 and $1,550 depending on the size of the apartment.
Applicants can go to www.mutual-housing.org or call 550-3800.  Applications must be in by January 14, 2012 and a lottery will be held on January 19, 2012.  Restrictions include having a maximum annual income of $43,260 for a one-person household, $49,440 for a two-person household, and $61,800 for a four person household.  There are other maximum limits depending on the size of the household.  The project will serve individuals, households and seniors with incomes between 30 an 60 percent of Honolulu’s median incomes as established by the Department of Housing and Urban Development.
Source: Honolulu Star Advertiser, 12-8-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
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