118 West Kawili St., Hilo, HI 96720
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
This property is currently under construction.
The Hale Na Koa ‘O Hanakahi development is a 92-unit brand new affordable senior living in Hilo for veterans, surviving spouses, and other income-qualified seniors. The project is the residential component of a master planned, full service complex that also includes the future co-location of a veterans’ center and community-based outpatient clinic. The Hawai’i Island Veterans Memorial, Inc. (HIVM) will develop the clinic on an adjacent site. EAH’s housing development will serve senior households with a preference to veterans and surviving spouses of veterans. The senior community (62 years or older) will serve households earning from 30%-80% of the Area Median Income (AMI). The housing units are arranged within three (3) 24-plex two-story buildings and one (1) 20-plex two-story building. Onsite surface parking and four central laundry facilities will also be provided.
A central Community Center will include spaces for a common area lounge, coffee bar, fitness room, property management offices, and other amenities. The Center will also feature a multi-purpose room along with a (non-commercial) kitchen to provide space for larger tenant social and/or educational activities.
This project is still under construction. For more information, please call their office.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Hale Na Koa 'O Hanakahi does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $35,300 / year | $40,350 / year | $45,400 / year | $50,400 / year | $54,450 / year | $58,500 / year | $62,500 / year | $66,550 / year |
| 50% AMI for PBRA Units | $35,300 / year | $40,350 / year | $45,400 / year | $50,400 / year | $54,450 / year | $58,500 / year | $62,500 / year | $66,550 / year |
| 60% AMI for LIHTC Units | $42,360 / year | $48,420 / year | $54,480 / year | $60,480 / year | $65,340 / year | $70,200 / year | $75,000 / year | $79,860 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Hale Na Koa 'O Hanakahi have a waiting list?
Hale Na Koa 'O Hanakahi probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Hale Na Koa 'O Hanakahi?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Hale Na Koa 'O Hanakahi?
Hale Na Koa 'O Hanakahi is managed by EAH
In addition to Hale Na Koa 'O Hanakahi, how many other affordable housing properties (and units) are there in Hilo?
In addition to Hale Na Koa 'O Hanakahi, we list 21 other affordable properties in Hilo. Learn about these properties here. Our data research shows that there are a total of 643 affordable units in Hilo.
When was the Hale Na Koa 'O Hanakahi listing last updated?
Hale Na Koa 'O Hanakahi listing on Affordable Housing Online was last updated on 05/23/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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