Housing Project Status

HIVM project status effective February 15,  2019

 

The status of our housing project is well along and moving toward development. It will include a small community center and the site will feature three separate entrances. A 65-year ground lease has been awarded to an affiliate of our developer/operator, EAH Housing.

They are now pursuing the financing packages necessary to build and operate 92 affordable rental units with preference to veterans, spouses of deceased veterans and other Hawaii resident seniors who qualify in accordance with the 30-80% HUD median income ranges.

More information on these HUD income requirements will be forthcoming
when EAH receives the necessary financing, and the project definitely has the go ahead.

Below is the master plan for our 7+ acre site showing the plan for the senior independent living facility and the proposed CBOC/Vet Center.