Waimea Huakai

9555 Kaumualii Highway, Waimea, Hawaii 96796

This housing development will consist of two phases. Phase I will consist of 35 units of one (1), two (2), and three (3) bedrooms, which will be available for rent.

Phase II will consist of 32 single-family homes, two (2) to four bedrooms, available for purchase.

This property is currently under construction.

Waimea Huakai Details

  • 67 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

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.