Halekauwila Place is a brand new mid rise condominium building in Kakaako will feature a total of 204 affordable housing rental units. In order to be eligible to live at Halekauwila Place, a household may not earn more than 60 percent of Honolulu's median family income, or $40,260 for a single person or $57,480 for a family of four. Monthly rents will range from $956 for a studio to $1,389 per month for a three-bedroom unit. Amenities will include a computer lab and a community room. Internet, Wi-Fi, TV, and phone service will come bundled for $60 per month. There will also be some commercial space on the ground floor that will be occupied by a hair salon, a wine and sake store, and a retailer that will sell dog accessories. Developer Stanford Carr noted that more than 1,000 rental applications had been received and are currently being reviewed.
Source: Honolulu Star Advertiser, 4-2-2014, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Principal Broker, REALTOR®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com