About This Property
Hualalai Elderly Phase I comprises 30 units in Kailua Kona serving elderly residents. The property includes 29 low-income units configured as one-bedroom apartments and has been in service since 1998. It is financed through 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Hawaii County, HI
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,458 |
| 1 Bedroom | $1,548 |
| 2 Bedroom | $2,010 |
| 3 Bedroom | $2,588 |
| 4 Bedroom | $2,855 |
Income Limits - Hawaii County, HI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,000
- Very Low (50%)
- $30,000
- Low (80%)
- $47,950
- Extremely Low (30%)
- $20,600
- Very Low (50%)
- $34,250
- Low (80%)
- $54,800
- Extremely Low (30%)
- $25,260
- Very Low (50%)
- $38,550
- Low (80%)
- $61,650
- Extremely Low (30%)
- $30,480
- Very Low (50%)
- $42,800
- Low (80%)
- $68,500
- Extremely Low (30%)
- $35,700
- Very Low (50%)
- $46,250
- Low (80%)
- $74,000
- Extremely Low (30%)
- $40,920
- Very Low (50%)
- $49,650
- Low (80%)
- $79,500
- Extremely Low (30%)
- $46,140
- Very Low (50%)
- $53,100
- Low (80%)
- $84,950
- Extremely Low (30%)
- $51,360
- Very Low (50%)
- $56,500
- Low (80%)
- $90,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,000 | $30,000 | $47,950 |
| 2 Persons | $20,600 | $34,250 | $54,800 |
| 3 Persons | $25,260 | $38,550 | $61,650 |
| 4 Persons | $30,480 | $42,800 | $68,500 |
| 5 Persons | $35,700 | $46,250 | $74,000 |
| 6 Persons | $40,920 | $49,650 | $79,500 |
| 7 Persons | $46,140 | $53,100 | $84,950 |
| 8 Persons | $51,360 | $56,500 | $90,450 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Kailua Kona, HI?+
The Fair Market Rent (FMR) for Hawaii County, HI is: $1458 (Studio), $1548 (1BR), $2010 (2BR), $2588 (3BR), $2855 (4BR). Actual rent at subsidized properties like Hualalai Elderly Phase I is typically 30% of household income or less.
What size apartments are available at Hualalai Elderly Phase I?+
Hualalai Elderly Phase I offers the following unit types: 29 One-Bedroom units, for a total of 30 units.
What are the income limits for affordable housing in Hawaii County, HI?+
For a 4-person household in Hawaii County, HI, the income limits are: Extremely Low Income (30% AMI): $30,480, Very Low Income (50% AMI): $42,800, Low Income (80% AMI): $68,500. These limits are set by HUD and updated annually.
Who is eligible to live at Hualalai Elderly Phase I?+
Hualalai Elderly Phase I primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Kailua Kona, HI?+
Based on Fair Market Rent for Hawaii County, the estimated price range is: 1-bedroom: $1548. Actual rent at Hualalai Elderly Phase I may be lower for income-eligible households.
How do I apply for housing at Hualalai Elderly Phase I?+
Hualalai Elderly Phase I is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Hualalai Elderly Phase I?+
Hualalai Elderly Phase I is managed by . You can reach them at .
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Hualalai Elderly Phase I
Kamakana Villages Senior
Kailua Kona, HI
85 UnitsLokahi Kau Apts
Kailua Kona, HI
306 UnitsHualalai Elderly Phase Ii
Kailua Kona, HI
36 UnitsLokahi Kau Apts
Kailua Kona, HI
306 UnitsHualalai Elderly Phase Iii
Kailua Kona, HI
30 UnitsHualalai Elderly Phase I
Kailua Kona, HI
30 Units