Department of Hawaiian Home Lands is set to host beneficiary workshops today (Nov. 15) to provide information about an upcoming first-of-its-kind affordable rental housing initiative on Kaua‘i.
Courtyards of Wai-pouli — situated on nearly 6 acres in Kapa‘a — represents the first apartment acquisition of Hawaiian Home Lands and is aimed at department beneficiaries interested in a rent-to-own program.
The complex features 82 units — ranging in size from 1 to 3 bedrooms — distributed throughout 10 two-story buildings.
Participants in the new rent-to-own program are allowed to move into a renovated apartment at an affordable rent with the opportunity to build credit and personal savings.
Renters can then choose to exercise a purchase option after about 11 years of renting the unit.
All program participants will receive a homestead lease from Day 1 and have the chance to name a successor.
Prospective rent-to-own program participants must meet the following criteria:
- Department of Hawaiian Home Lands beneficiary on the Kaua‘i residential waitlist.
- At least 50% Native Hawaiian blood quantum or qualified successor.
- Meet income restrictions for their assigned unit (30% to 120% area median income).
Two informational sessions are planned today for those interested: one at 9:30 a.m. and another at 1:30 p.m. Both will be in the Makai Ballroom of the Sheraton Coconut Beach Resort Hotel.
All Department of Hawaiian Home Lands beneficiaries on the Kaua‘i residential waitlist are encouraged to attend.
A portion of the available units will also be reserved for individuals and families eligible under the Native American Housing Assistance and Self-Determination Act, which is managed by Hawaiian Home Lands and provides financial assistance to those whose total household income is at or below 80% of the area median income in their county.
Courtyards of Wai-pouli is offering a first-of-its-kind Department of Hawaiian Home Lands rent-to-own program for department beneficiaries. (Screen capture from Department of Hawaiian Home Lands video)- Courtyards of Wai-pouli (Screen capture from Department of Hawaiian Home Lands video)
- Courtyards of Wai-pouli (Screen capture from Department of Hawaiian Home Lands video)
- Courtyards of Wai-pouli (Screen capture from Department of Hawaiian Home Lands video)
- Courtyards of Wai-pouli (Screen capture from Department of Hawaiian Home Lands video)
- Courtyards of Wai-pouli (Screen capture from Department of Hawaiian Home Lands video)
Hawaiian Homes Commission in January 2024 approved the acquisition of Courtyards of Wai-pouli and finalized the project’s purchase in September of last year, allocating $25 million in Native American Housing Assistance and Self-Determination Act funding.
Visit the Department of Hawaiian Home Lands website for more information about the rent-to-own program at Courtyards of Wai-pouli and other Hawaiian Home Lands offers and awards.
