About This Property
Hualalai Elderly Phase III is a 30-unit affordable housing community in Kailua Kona serving elderly residents. The property, placed in service in 2007, consists entirely of one-bedroom units designated as low-income housing and is financed through 9% Low-Income Housing Tax Credits. The community provides housing options for seniors in Hawaii County.
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.
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 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.
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.
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.
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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