About This Property
Kauhale Olu I, II, and III comprises 124 units in Pepeekeo, serving low-income families with a mix of one, two, and three-bedroom floor plans. The property has operated since 2007 and includes 123 affordable units with a breakdown of 20 one-bedroom, 71 two-bedroom, and 32 three-bedroom units. This development was financed through tax-exempt bonds.
Property Details
Fair Market Rent - Hawaii County, HI
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,458 |
| 1 Bedroom | $1,548 |
| 2 Bedroom | $2,010 |
| 3 Bedroom | $2,588 |
| 4 Bedroom | $2,855 |
Income Limits - Hawaii County, HI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,000
- Very Low (50%)
- $30,000
- Low (80%)
- $47,950
- Extremely Low (30%)
- $20,600
- Very Low (50%)
- $34,250
- Low (80%)
- $54,800
- Extremely Low (30%)
- $25,260
- Very Low (50%)
- $38,550
- Low (80%)
- $61,650
- Extremely Low (30%)
- $30,480
- Very Low (50%)
- $42,800
- Low (80%)
- $68,500
- Extremely Low (30%)
- $35,700
- Very Low (50%)
- $46,250
- Low (80%)
- $74,000
- Extremely Low (30%)
- $40,920
- Very Low (50%)
- $49,650
- Low (80%)
- $79,500
- Extremely Low (30%)
- $46,140
- Very Low (50%)
- $53,100
- Low (80%)
- $84,950
- Extremely Low (30%)
- $51,360
- Very Low (50%)
- $56,500
- Low (80%)
- $90,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,000 | $30,000 | $47,950 |
| 2 Persons | $20,600 | $34,250 | $54,800 |
| 3 Persons | $25,260 | $38,550 | $61,650 |
| 4 Persons | $30,480 | $42,800 | $68,500 |
| 5 Persons | $35,700 | $46,250 | $74,000 |
| 6 Persons | $40,920 | $49,650 | $79,500 |
| 7 Persons | $46,140 | $53,100 | $84,950 |
| 8 Persons | $51,360 | $56,500 | $90,450 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Pepeekeo, HI?+
The Fair Market Rent (FMR) for Hawaii County, HI is: $1458 (Studio), $1548 (1BR), $2010 (2BR), $2588 (3BR), $2855 (4BR). Actual rent at subsidized properties like Kauhale Olu I, Ii, and Iii is typically 30% of household income or less.
What size apartments are available at Kauhale Olu I, Ii, and Iii?+
Kauhale Olu I, Ii, and Iii offers the following unit types: 20 One-Bedroom, 71 Two-Bedroom, 32 Three-Bedroom units, for a total of 124 units.
Who is eligible to live at Kauhale Olu I, Ii, and Iii?+
Kauhale Olu I, Ii, and Iii primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Hawaii County, HI?+
For a 4-person household in Hawaii County, HI, the income limits are: Extremely Low Income (30% AMI): $30,480, Very Low Income (50% AMI): $42,800, Low Income (80% AMI): $68,500. These limits are set by HUD and updated annually.
Who manages Kauhale Olu I, Ii, and Iii?+
Kauhale Olu I, Ii, and Iii is managed by . You can reach them at .
What is the price range for apartments in Pepeekeo, HI?+
Based on Fair Market Rent for Hawaii County, the estimated price range is: 1-bedroom: $1548, 2-bedroom: $2010, 3-bedroom: $2588. Actual rent at Kauhale Olu I, Ii, and Iii may be lower for income-eligible households.
How do I apply for housing at Kauhale Olu I, Ii, and Iii?+
Kauhale Olu I, Ii, and Iii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
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