Kaniko'o Affordable Housing
Kaniko'o on Kauai held a blessing on March 19, 2015, marking the completion of Phase I. The 60 unit affordable rental community is for seniors age 62 and older. It consists of 36 single-story, one and two bedroom units, and 24 one and two bedroom units in a two-story complex.
Kaniko'o is centrally located a few blocks from Lihue shopping centers, restaurants, and government offices. Residents moved into the units early March and all single story units are occupied.
The complex is certified LEED (Leadership in Energy & Environmental Design) Gold and includes many green features and amenities such as Energy Star appliances, energy-efficient lighting, and water-saving fixtures.
The County of Kauai, EAH Housing, and Vitus Group partnered on the $14 million project. It took just over a year from groundbreaking to completion. The United States Department of Housing & Urban Development provided $1.25 million in HOME monies. Other funding was provided with Hawaii Housing Finance Development Corporation low-income housing tax credits, as well as County of Kauai general funds.
Occupancy is restricted to households at or below 60 percent of the Kauai median household income limits - one person, $38,300 and two people, $41,460. Phase II will add an additional 30 units upon completion.
Additional information on Kaniko'o can be found at http://www.eahhousing.org/
|Content Archived: January 3, 2017|