Ola Ka 'Ilima Artspace Lofts

1025 Waimanu St, Honolulu, Hawaii 96814

Ola Ka ‘Ilima Artspace Lofts in Honolulu, HI, is a community of 84 units of affordable live/work apartments designed for low-income artists, artisans, culture bearers and their households. Units include one-, two-, and three-bedroom apartments. The property income limits are 30%, 50%, and 60% of the area median income (AMI), adjusted by household size, for Honolulu. The AMI limits, published annually by HUD, will be used to determine if a household is eligible to reside at the property.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 788-798 From $599 To $1,308
Two Bedroom (2/1) 958-1162 From $1,265 To $1,549
Three Bedroom (3/1) 1416-1481 From $1,439 To $1,767

Contact Ola Ka 'Ilima Artspace Lofts

Message Ola Ka 'Ilima Artspace Lofts

Ola Ka 'Ilima Artspace Lofts is managed by EAH.

Ola Ka 'Ilima Artspace Lofts Details

  • 84 one, two and three bedroom units.
  • HOME Investment Partnerships Program
  • Low-Income Housing Tax Credit (LIHTC)
  • State or Local Program

Property Amenities

  • Elevator
  • Playground
  • Community Room
  • Garage
  • Laundry Facilities
  • On Bus-line
  • Courtyard

Unit Amenities

  • Garbage Disposal
  • 9 ft. Ceilings
  • Electric Range
  • Energy-Efficient Lighting and Windows
HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Image of Ola Ka 'Ilima Artspace Lofts
Image of Ola Ka 'Ilima Artspace Lofts
Image of Ola Ka 'Ilima Artspace Lofts
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