Applications being accepted for Waikōloa family affordable rental units on Big Island
Tenant applications are now being accepted for the planned 110-unit Waikōloa Family Affordable rental housing development in Waikōloa.
The development at 68-3911 Makana Kai Drive provides qualified families with affordable living options and offers complimentary amenities.
To qualify, families must have annual incomes of 30 and 60 percent or less of the area median income.
Each unit includes an air conditioning unit, solar water heater, storage area and energy efficient appliances such as a refrigerator and range/oven. Common area amenities include one parking stall per unit, use of the area community center, swimming pool and golf course.
Listed below is the number of available units at the townhome complex and monthly rent:
- 6 one-bedroom units at $405 a month (30 percent of median income)
- 33 one-bedroom units at $941 a month (60 percent of median income)
- 40 two-bedroom units (flat) at $1058 a month (60 percent of median income)
- 31 two-bedroom units (townhome) at $1108 a month (60 percent of median income)
Limited additional parking stalls for two-bedroom units only are available for rent. For the extra parking space, a person must have a fully executed lease, full security deposit and proof of two vehicles registered to the applicant(s) to be considered.
Tenant requirements include the applicant’s minimum monthly income be 2 1/2 times or more of the monthly rent; pass a credit and criminal check and provide landlord references. Applicants must be a U.S. Citizen or U.S. permanent resident alien and must occupy their unit as their primary residence.
Applications are due by March 31, 2023, with applicants to be evaluated on a first come, first serve basis. Chosen applicants are tentatively expected to move in later this Spring.
To request an application, email Locations, the property manager, at [email protected] or call 808-738-3119.