Applications are being accepted for a new high-rise in urban Honolulu.
Ohana Hale will be a 21 story condominium located at 929 Pumehana Street in the McCully neighborhood.
The application process opened on Tuesday, October 23 for 60 days.
There are a total of 180 condominium units and 108 units will be affordable and 72 units will be market rate.
Ohana Hale will be limited in amenities to keep maintenance fees to a minimum.
“I’d say the best amenity for this project is it’s low maintenance fee. It’s designed in part for affordable buyers and so amenities are very limited. That’s all designed to keep the maintenance fee very low which will be 50 cents per square foot for this project,” Principle Broker Isaiah Block of CondoKakaako.com said.
There will be 91 studios, 74 one-bedroom units and 15 two-bedroom units all with parking included.
Square footage ranges from 316-784 square feet which is smaller than average but to be expected in a mostly affordable project.
There will be no lanais built for this project.
“With the affordable program there are some rules that many people might not known about. It’s not entirely designed for just first time home buyers,” Block said. “If you have owned property in the past but you currently don’t own property anymore you are still eligible to apply for an affordable unit.”
If you’re interested, you’re urged to have all your paperwork ready like a pre-qualification letter, tax returns and pay stubs.