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 |
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 .
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.
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.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.