74-5285 Kaeka St., Kailua, HI 96740
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | 555 - 738 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Nestled on the slopes of Hualalai, just a little north of Kailua Village, is Kamakana Villages, a Hawaiian paradise that embodies the serenity of island living. Here you will find easy living in newly built, energy-efficient apartments in two separate communities; Lei Kūpuna for senior residents and Lei ʻOhana, built for families. Kamakana Villages is within a mile of various shops, restaurants, cultural attractions, and neighborhood amenities, including educational opportunities such as Pālamanui Community College, making it the perfect community for those who desire a peaceful home environment with all of the excitement of city-living within an arm’s reach. The West Hawaii Community Health Center is just right up the road, providing medical security to residents and a strong support system at Kamakana Villages provides a tight-knit community in which their residents thrive. With beautiful facilities, numerous amenities, and dedicated support staff, Kamakana Villages gives the word ‘paradise’ a whole new meaning
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 Lei Kupuna 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
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 555ft2 | Call for Price† |
| Two Bedroom (2/1) | 738ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $45,850 / year | $52,400 / year | $58,950 / year | $65,500 / year |
| 50% AMI for PBRA Units | $45,850 / year | $52,400 / year | $58,950 / year | $65,500 / year |
| 60% AMI for LIHTC Units | $55,020 / year | $62,880 / year | $70,740 / year | $78,600 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Lei Kupuna have a waiting list?
Lei Kupuna 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 Lei Kupuna?
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 Lei Kupuna?
Lei Kupuna is managed by The Michaels Organization headquartered in Camden, NJ.
In addition to Lei Kupuna, how many other affordable housing properties (and units) are there in Honolulu County?
In addition to Lei Kupuna, we list 267 other affordable properties in Honolulu County. Learn about these properties here. Our data research shows that there are a total of 12938 affordable units in Honolulu County.
When was the Lei Kupuna listing last updated?
Lei Kupuna listing on Affordable Housing Online was last updated on 01/10/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
425 Kawailoa Rd Unit Upstairs Studio, Kailua, Hawaii 96734
Do you have little or no income?
Be aware that some housing assistance programs have a minimum income requirement, such as Low-Income Housing Tax Credit aparments.Judy Robinson Fiebiger says:
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