Na Hale O Maui takes possession of 12 lots in Lahaina for affordable housing project
LAHAINA – Na Hale O Maui Executive Director Cassandra Abdul announced that NHOM has purchased 12 lots in the Kahoma Homes 100 percent workforce housing subdivision being developed by West Maui Land Company.
“This means we now own the land and can move forward with house designs, and then begin construction in the near future. We hope to have the first NHOM permanently affordable, sustainable leasehold homes sold and families moved in by mid-2018,” Abdul said.
Half of the funds to purchase the lots were provided by Maui County’s Affordable Housing Fund, administered by the Department of Housing and Human Concerns and approved by the Maui County Council. The balance came from internally generated resources.
Additional funding has also been provided through the Affordable Housing Fund to help defray a portion of the costs of vertical home construction.
West Maui Land sold the lots to NHOM for a substantial discount from the prevailing market prices, making NHOM’s truly affordable homes possible.
NHOM plans to design three- and four-bedroom homes under the residential workforce housing guidelines. Families making from 80.1 to 100 percent and 100.1 to 120 percent of the area median income (AMI) will be income qualified for the homes.
An announcement will be made when applications will be taken following a required NHOM four-step orientation program.
NHOM’s mission is: “To secure and preserve a permanent supply of affordable housing alternatives for low and moderate income households in Maui County.”
Founded in 2006, NHOM is Hawaii’s first and only housing land trust. For more information, go to www.nahaleomaui.org.