comscore Oahu affordable housing could include $1M homes under state guidelines; critics say that’s ‘out of whack’
Hawaii News

Oahu affordable housing could include $1M homes under state guidelines; critics say that’s ‘out of whack’

  • CRAIG T. KOJIMA / CKOJIMA@STARADVERTISER.COM
                                It typically takes more than $1 million to buy a lavish home on Oahu, yet this rather hefty sum can be considered the price for “affordable” housing in Honolulu under a state guideline. Shown are a pair of renovated 3-bedroom units in the Kuapa Isle townhome complex in Hawaii Kai that recently sold for $1 million.

    CRAIG T. KOJIMA / CKOJIMA@STARADVERTISER.COM

    It typically takes more than $1 million to buy a lavish home on Oahu, yet this rather hefty sum can be considered the price for “affordable” housing in Honolulu under a state guideline. Shown are a pair of renovated 3-bedroom units in the Kuapa Isle townhome complex in Hawaii Kai that recently sold for $1 million.

  • CRAIG T. KOJIMA / CKOJIMA@STARADVERTISER.COM
                                Developer Castle & Cooke Hawaii delivered its first market-­priced home at Koa Ridge in November, and expects to have an initial increment of 140 affordable homes finished late this year and early next year. Initial market-price homes at Koa Ridge range from the high $800,000s to $1 million. Pictured here are homes under construction earlier this month.

    CRAIG T. KOJIMA / CKOJIMA@STARADVERTISER.COM

    Developer Castle & Cooke Hawaii delivered its first market-­priced home at Koa Ridge in November, and expects to have an initial increment of 140 affordable homes finished late this year and early next year. Initial market-price homes at Koa Ridge range from the high $800,000s to $1 million. Pictured here are homes under construction earlier this month.

  • CRAIG T. KOJIMA / CKOJIMA@STARADVERTISER.COM It typically takes more than $1 million to buy a lavish home on Oahu, yet this rather hefty sum can be considered the price for “affordable” housing in Honolulu under a state guideline. Shown is Kakaako’s The Collection condominium tower where five 2-bedroom, 2-bathroom units in the tower have sold for $1 million since September.

    CRAIG T. KOJIMA / CKOJIMA@STARADVERTISER.COM

    It typically takes more than $1 million to buy a lavish home on Oahu, yet this rather hefty sum can be considered the price for “affordable” housing in Honolulu under a state guideline. Shown is Kakaako’s The Collection condominium tower where five 2-bedroom, 2-bathroom units in the tower have sold for $1 million since September.

  • CRAIG T. KOJIMA / CKOJIMA@STARADVERTISER.COM
                                It typically takes more than $1 million to buy a lavish home on Oahu, yet this rather hefty sum can be considered the price for “affordable” housing in Honolulu under a state guideline. Shown is a 4-bedroom, 3-bathroom Mililani Mauka home that recently sold for $1 million.

    CRAIG T. KOJIMA / CKOJIMA@STARADVERTISER.COM

    It typically takes more than $1 million to buy a lavish home on Oahu, yet this rather hefty sum can be considered the price for “affordable” housing in Honolulu under a state guideline. Shown is a 4-bedroom, 3-bathroom Mililani Mauka home that recently sold for $1 million.

An odd thing has happened in the realm of affordable housing on Oahu. A two-bedroom home that costs $1 million technically can be defined as “affordable” for some households eligible for government-subsidized housing. Read more

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