Senior affordable rental breaks ground

Posted on Oct 27, 2021 in Capitol Connection, Featured, Main
An architect’s rendering of Hale Makana O Moili‘ili‘ili.

An architect’s rendering of Hale Makana O Moili‘ili‘ili.

Governor Ige and community partners join forces.

Governor Ige and community partners join forces.

Governor Ige’s priority of building more affordable rental housing advanced last month with the groundbreaking of Hale Makana O Moi‘ili‘ili. The mid-rise will include 80 studio and 25 one-bedroom units for na kūpuna 55 and older who earn 30 to 60% of area median income. Monthly rents will range from $553 to $1,243. The project is slated to be completed in February 2023.

The governor and Denise Iseri-Matsubara, executive director of the Hawaii Housing Finance and Development Corp., joined the development team of Ho‘okahua Development LLC at the project site on Algaroba Street, across from the McCully-Moili‘ili‘ili Library. “Because of the high cost of land in the islands, affordable housing is nearly impossible for the government to do by itself,” said the governor. “It’s public-private partnerships involving federal, state and county governments that enable projects like this to be done.”

Read more in the November Capitol Connection newsletter.

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