There is now an opportunity for University of Hawai‘i at Mānoa students to apply for new and affordable apartments.
Located close to campus in Waikīkī, Brookfield Properties is accepting housing lottery applications for Līlia Waikīkī.
“One of our top priorities for Līlia Waikīkī is ensuring the early delivery of affordable housing,” said Kris Hui, vice president of mixed-use development at Brookfield Properties, in a news release. “We’re proud to say we’re close to completing the first phase of the project, making 53 beautifully renovated affordable housing units available to local residents through our housing lottery process.”
Brookfield Properties is a global real estate service company. In addition to residential properties, Brookfield manages commercial and retail locations throughout Hawai‘i, including Ala Moana Center.
The first set of lottery units available is the Kānekapōlei Collection–53 affordable rentals which are reserved for Hawai‘i residents that earn less than 80% of the area median income. The AMI depends on the number of people in one household. For Honolulu, 80% is $67,500 per individual, $77,150 per couple, and $96,400 for a family of four.
The units are fully renovated with air conditioning and come in one- or two-bedroom units in three complexes. The units are located on Kānekapōlei Street.
Students can apply for one- and two-bedroom apartments which are available by lottery only.
The one-bedroom units average 500 square feet for $1,406 monthly rent and the two-bedroom units average 900 square feet for $1,852 monthly rent. The rates for monthly rent are based on 2019 income limits and may change in 2020 depending on limits set by the city.
Applications for these rentals are available at http://www.liliawaikiki.com/kanekapoleicollection/ and must be dropped off in person by appointment only. They must be dropped off at the leasing office located on the second-floor lobby level of Ohana Waikīkī East by Outrigger by 5 p.m. on February 14. The lottery event will occur on February 24.