About This Property
Hualalai Elderly Phase III provides 30 one-bedroom units designed for low-income elderly residents in Kailua Kona. The property has been in service since 2007 and is financed through 9% Low-Income Housing Tax Credits. This development offers affordable housing options in Hawaii County for seniors seeking stable, long-term housing.
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 Iii is typically 30% of household income or less.
What size apartments are available at Hualalai Elderly Phase Iii?+
Hualalai Elderly Phase Iii offers the following unit types: 30 One-Bedroom units, for a total of 30 units.
How do I apply for housing at Hualalai Elderly Phase Iii?+
Hualalai Elderly Phase Iii 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.
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 Iii may be lower for income-eligible households.
Who is eligible to live at Hualalai Elderly Phase Iii?+
Hualalai Elderly Phase Iii primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Hualalai Elderly Phase Iii?+
Hualalai Elderly Phase Iii is managed by . You can reach them at .
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.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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