Cassandra Abdul, Na Hale o Maui’s Executive Director, is pleased to announce that NHOM has purchased 12 lots in the Kahoma Homes 100 percent workforce housing subdivision being developed by West Maui Land.
“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 of the lot cost 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 Company 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 3- and 4-bedroom homes under the residential workforce housing guidelines. Families making from 80.1 percent to 100 percent and 100.1 percent to 120 percent of the Area Median Income will be income qualified for the homes. An announcement will be made when applications will be taken following a required NHOM 4-Step orientation program.