FOR IMMEDIATE RELEASE:
April 5, 2011
Kauai, Hawaii – In these challenging economic times, twelve very affordable homes are nearing completion in a rural homestead in East Kauai. Built with the assistance of three Hawaiian nonprofits, the State Department of Hawaiian Home Lands, specialty contractors and suppliers, and best of all, the labor of the families the homes are intended for.
The Anahola Self Help Project will finish 12 four-bedroom, two-bath homes at an average cost of $160,000 and square footage of 1,858. The average monthly payment on the homes will come in at approximately $855, with varying payments dependent on individual family credit criteria and home loan products. The Homestead Self Help Program is currently building a total of 22 homes on Kauai and Oahu, and will be expanded to Hawaii Island this year.
The program is operated by a nonprofit developer, Council for Native Hawaiian Advancement (CNHA) a national, member-base 501(c)(3) nonprofit organization dedicated to capacity building and providing support services to Native communities in Hawaii and the Pacific.
“This project is one of the strategies we are using to bring the cost of housing down to meet DHHL beneficiaries where they are financially,” said Ms. Lilia Kapuniai, CNHA Vice President. “It differs from a straight market turn-key developer project in that there are no profit margins because CNHA is a nonprofit developer and the families contribute labor to the project.”
The 12-home project represents over $2.1 million in total costs and economic impact for the Anahola region. All local suppliers and specialty contractors are contributing and working on the project, which will provide housing for 46 family members.
“Miracles do happen. This development approach is really made possible by DHHL to reach every income group of its beneficiaries on the waitlist,” said Ms. Rosalee Puaoi, HSHP Project Manager. “The Homestead Self Help Program is a tremendous public-private partnership, and an example of the role of nonprofit developers in meeting the needs of moderate income families.”
CNHA is soliciting families for the next round of homes being planned for Anahola, Kauai, Laiopua, Hawaii Island and Kanehili, Oahu. If you have been awarded an Undivided Interest lease on any of the homestead areas, contact Ms. Rosalee Puaoi, CNHA Project Manager by phone at 808.596.8155 or email at firstname.lastname@example.org.
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