About This Property
Iwiole Hale offers 39 two-bedroom units designated for low-income families in Lanai City, Hawaii. The property has been in service since 1991 and is financed through 9% Low-Income Housing Tax Credits. All units serve low-income households in Maui County.
Property Details
Fair Market Rent - Maui 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 | $1,676 |
| 1 Bedroom | $1,701 |
| 2 Bedroom | $2,139 |
| 3 Bedroom | $2,927 |
| 4 Bedroom | $3,237 |
Income Limits - Maui County, HI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $21,700
- Very Low (50%)
- $36,200
- Low (80%)
- $57,900
- Extremely Low (30%)
- $24,800
- Very Low (50%)
- $41,350
- Low (80%)
- $66,150
- Extremely Low (30%)
- $27,900
- Very Low (50%)
- $46,500
- Low (80%)
- $74,400
- Extremely Low (30%)
- $31,000
- Very Low (50%)
- $51,650
- Low (80%)
- $82,650
- Extremely Low (30%)
- $35,700
- Very Low (50%)
- $55,800
- Low (80%)
- $89,300
- Extremely Low (30%)
- $40,920
- Very Low (50%)
- $59,950
- Low (80%)
- $95,900
- Extremely Low (30%)
- $46,140
- Very Low (50%)
- $64,050
- Low (80%)
- $102,500
- Extremely Low (30%)
- $51,360
- Very Low (50%)
- $68,200
- Low (80%)
- $109,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $21,700 | $36,200 | $57,900 |
| 2 Persons | $24,800 | $41,350 | $66,150 |
| 3 Persons | $27,900 | $46,500 | $74,400 |
| 4 Persons | $31,000 | $51,650 | $82,650 |
| 5 Persons | $35,700 | $55,800 | $89,300 |
| 6 Persons | $40,920 | $59,950 | $95,900 |
| 7 Persons | $46,140 | $64,050 | $102,500 |
| 8 Persons | $51,360 | $68,200 | $109,100 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lanai City, HI?+
The Fair Market Rent (FMR) for Maui County, HI is: $1676 (Studio), $1701 (1BR), $2139 (2BR), $2927 (3BR), $3237 (4BR). Actual rent at subsidized properties like Iwiole Hale is typically 30% of household income or less.
What size apartments are available at Iwiole Hale?+
Iwiole Hale offers the following unit types: 39 Two-Bedroom units, for a total of 39 units.
What is the price range for apartments in Lanai City, HI?+
Based on Fair Market Rent for Maui County, the estimated price range is: 2-bedroom: $2139. Actual rent at Iwiole Hale may be lower for income-eligible households.
Who is eligible to live at Iwiole Hale?+
Iwiole Hale primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Iwiole Hale?+
Iwiole Hale is managed by . You can reach them at .
What are the income limits for affordable housing in Maui County, HI?+
For a 4-person household in Maui County, HI, the income limits are: Extremely Low Income (30% AMI): $31,000, Very Low Income (50% AMI): $51,650, Low Income (80% AMI): $82,650. These limits are set by HUD and updated annually.
How do I apply for housing at Iwiole Hale?+
Iwiole Hale 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.
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Nearby Schools
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