Parkway Village, a $199 million affordable housing development in Kapolei, welcomed its first residents in December. Built on land owned by the City & County of Honolulu, the public-private partnership was led by Kobayashi Group and Āhē Group with support from the Hawai‘i Housing Finance & Development Corporation.
Units range in size from studios to four-bedroom apartments for individuals and families earning 30 percent to 60 percent of Hawai‘i’s median income, with monthly rents ranging from $641 per month for a studio to $2,266 for a four-bedroom unit.
According to a news release, funding for the project was provided via Low-Income Housing tax credits, Hula Mae bonds and a $36-million Rental Housing Revolving Fund loan…