Affordable housing project opens on Kauai
Affordable housing project opens on Kauai
- 2004-08-23 - Pacific Business News
The state announced Monday that it has opened the second phase of an affordable housing project on Kauai.
Kalepa Village, a 40-unit, two-story project, will be available to individuals and families making less than 50 percent of the median income in Kauai County.
Rents will range from $495 per month for a one-bedroom apartment to $595 for two bedrooms and $695 for three-bedroom apartments.
The $6.8 million project was built with public and private financing.
"Public and private partnerships are helping to address Hawaii's need for more affordable rentals," said Stephanie Aveiro, executive director of the Housing and Community Development Corporation of Hawaii. "We will continue to pursue collaborative opportunities like Kalepa Village to help close the gap on the housing shortfall in our state."
Nearly 200 families signed up for a lottery for one of the 40 units, according to John Frazier, executive director of the Kauai Housing Development Corporation. Others have been put on a waiting list.
Each unit comes with a washer, dryer, range, disposal, refrigerator and drapes. Located in Hanamaulu on the east coast of Kauai, Kalepa Village is near an elementary school, park, job center and county bus lines.
2004 American City Business Journals Inc.
- 2004-08-23 - Pacific Business News
The state announced Monday that it has opened the second phase of an affordable housing project on Kauai.
Kalepa Village, a 40-unit, two-story project, will be available to individuals and families making less than 50 percent of the median income in Kauai County.
Rents will range from $495 per month for a one-bedroom apartment to $595 for two bedrooms and $695 for three-bedroom apartments.
The $6.8 million project was built with public and private financing.
"Public and private partnerships are helping to address Hawaii's need for more affordable rentals," said Stephanie Aveiro, executive director of the Housing and Community Development Corporation of Hawaii. "We will continue to pursue collaborative opportunities like Kalepa Village to help close the gap on the housing shortfall in our state."
Nearly 200 families signed up for a lottery for one of the 40 units, according to John Frazier, executive director of the Kauai Housing Development Corporation. Others have been put on a waiting list.
Each unit comes with a washer, dryer, range, disposal, refrigerator and drapes. Located in Hanamaulu on the east coast of Kauai, Kalepa Village is near an elementary school, park, job center and county bus lines.
2004 American City Business Journals Inc.
posted by DP at 2:32 PM
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