Wednesday, November 18, 2020
Nā Hale O Maui Completes Kahoma, Lahaina Affordable Housing Project
Nā Hale O Maui today announced the completion of its Kahoma permanently affordable workforce housing project in Lahaina. Nā Hale O Maui is able to sell homes at below-market prices by keeping the land in trust, subject to a 99-year lease with the homeowner. The 12 three- and four-bedroom homes at Kahoma, which appraised between $745,000 to $800,000, were purchased between $390,000 to $460,000, with 3% down.