Developer D.R. Horton has announced that they will begin construction of Ko’oloa’ula, an affordable rental housing development in Kapolei. The first phase of the project will create 120 units and will require families to earn between 30 to 60 percent of the median income of the neighborhood to qualify. This exact income rate will be set forth by the U.S. Department of Housing and Urban Development. The property will be located on Keahumoa Parkway.
Source: Honolulu Star Advertiser, 6-2-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
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