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Renovation of the Nani O Puna affordable housing community on Hawaii island received a boost Tuesday with a $100,000 donation from the Nareit Foundation’s REIT Way Hawaii Community Giving Campaign to the Affordable Housing and Economic Development Foundation.
Built in 1976, Nani O Puna provides affordable rental housing to farm workers, seniors and low-income residents in the rural community of Pahoa, located 20 miles south of Hilo. Comprising 32 one-, two- and three-bedroom homes in eight buildings on a 4-acre site, Nani O Puna needs major capital improvements and renovations to extend the life of the property for its residents.
AHED is leading the renovation of Nani O Puna in partnership with the Ahe Group.
Capital improvements to the property and major repairs to the interiors of the 32 homes are scheduled to begin in November, with completion targeted for May.