The Jan 26, 2021 article, Highridge Costa to hold lottery for its Kapolei affordable rentals project, by Janis L. Magin discussed HCDB’s project on Kapolei. Here is an excerpt from the article:
Highridge Costa has opened applications for 143 affordable rentals in Kapolei for families earning no more than 60% of the area median income and will hold a virtual lottery on Thursday to create a wait list for the units.
Michaels Management is handling leasing and the lottery and will manage the building, Hale Moena Ohana, which is adjacent to the developer’s Hale Moena Kupuna building that opened last year with 154 affordable units for seniors.
Applications may be submitted on the website here and the digital lottery can be viewed on Thursday at 10 a.m. here. Applications received after that will be added to the end of the wait list.
The building, which is nearing completion at 1055 Alohikea St., will have studio, one-, two- and three-bedroom apartments for families, with move-ins planned for March.
The project, which broke ground in August 2019, was developed by Callifornia-based Highridge Costa in partnership with Honolulu-based Coastal Rim Properties, along with the Hawaiian Community Development Board. It was designed by SVA Architects and built by Hawaiian Dredging Construction Co.