Work on affordable rentals finally begins

The income threshold for Halekauwila Place is lower thanks to funding secured after a long delay

By Andrew Gomes

POSTED: 01:30 a.m. HST, Jan 16, 2013

~~<p>Construction of an affordable rental apartment tower in Kakaako called Halekauwila Place has begun after a four-year delay largely over financing. But in overcoming the challenge, the project acquired a silver lining that will benefit lower-income residents.</p>
<p>The 19-story tower with 204 units will be limited to tenants earning no more than 60 percent of Honolulu's median family income, which equates to about $43,000 for a single person or $62,000 for a couple with two children.</p>
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Construction of an affordable rental apartment tower in Kakaako called Halekauwila Place has begun after a four-year delay largely over financing. But in overcoming the challenge, the project acquired a silver lining that will benefit lower-income residents.

The 19-story tower with 204 units will be limited to tenants earning no more than 60 percent of Honolulu's median family income, which equates to about $43,000 for a single person or $62,000 for a couple with two children. Login for more...