Big Island Video News

Serving Hawaii County

  • Hawaiʻi Island News Regions
    • Hamakua
      • Mauna Kea
    • Hilo
    • Kau
    • Kona
    • Kohala
    • Puna

Rendering of planned Waikoloa Family Affordable rental housing development from news release

Applications For New, Waikoloa Affordable Rentals Being Accepted
Avatar photo

by Big Island Video News
on Feb 27, 2023 at 11:59 am

Subscribe to Big Island Video News (FREE)

* indicates required

STORY SUMMARY

WAIKOLOA - The 110-unit complex on Makana Kai Drive in Waikoloa will serve "qualifying families with annual incomes of 30 and 60 percent or less of the area median income."

Aerial view of the Waikoloa Family Affordable rental housing development from news release

(BIVN) – Applications for future tenants in the planned Waikoloa Family Affordable rental housing development are now being accepted.

A news release from the project developers reported that the new 110-unit complex on Makana Kai Drive in Waikoloa, managed by Locations LLC, will provide “families with affordable living options and offers complimentary amenities.” The development “serves qualifying families with annual incomes of 30 and 60 percent or less of the area median income. (see graph on qualifying income limits).”

Graph on qualifying income limits from news release

The news release says each unit “includes an air conditioning unit, solar water heater, storage area, and energy efficient appliances such as a refrigerator and range/oven. Common area amenities include one parking stall per unit, use of the area community center, swimming pool and golf course.” The number of available units at the townhome complex and monthly rent are listed below:

  • Six one-bedroom units at $405 a month (30 percent of median income)
  • 33 one-bedroom units at $941 a month (60 percent of median income)
  • 40 two-bedroom units (flat) at $1058 a month (60 percent of median income)
  • 31 two-bedroom units (townhome) at $1108 a month (60 percent of median income)

Additional parking stalls for two-bedroom units only are available for rent, and are limited. “Must have a fully executed lease, full security deposit and proof of two vehicles registered to the applicant(s) to be considered,” the news release states.

Applicant’s minimum monthly income must be 2 and a half times or more of the monthly rent. Tenants are required to “pass a credit and criminal check and provide landlord references.” Applicants must also be a U.S. Citizen or U.S. permanent resident alien and must occupy their unit as their primary residence.

Applications are due by March 31, 2023, “with applicants to be evaluated on a first come, first serve basis,” the news release stated. “Chosen applicants are tentatively expected to move in later this Spring.” 

To request an application, email Locations at WaikoloaFA@locationshawaii.com or call (808) 738-3119.


Filed Under: Kohala Tagged With: Waikoloa

LATEST NEWS

Freon Gas Leak Closes Downtown Hilo Sack N Save

Two High-Altitude Balloons To Be Launched On Hawaiʻi Island

Moananuiākea Voyage Will Circumnavigate Pacific Ocean

Fire Destroys Hawaiian Ocean View Estates Home

Shark Warning Signs Taken Down At ʻAnaehoʻomalu Bay

Officer Honored For Catching Two Wanted Felons

About Big Island Video News

  • Privacy Policy

Copyright © 2023 · Dynamik-Gen on Genesis Framework · WordPress · Log in