127-unit affordable housing project in ‘Ewa is moving forward
A 127-unit affordable housing project in ‘Ewa on City and County of Honolulu land is moving forward.
The site is located off Fort Weaver and Renton roads and had been sugar cane land for nearly 100 years until the 1980s when it was sold to the city.
Stanford Carr Development is developing the project and has submitted a draft environmental assessment. The study is currently open for public comment.
Carr explains who will be served by this project.
“This will serve households that earn 30% (of the area median income). That translates to a single person making $26,000 a year that'll pay $650 a month for rent and utilities, up to a family of four renting a three-bedroom unit for $1,766," Carr said.
"So we're really addressing low, moderate-income households. And hopefully, these families will be able to move up the housing ladder and be able to start saving money for a down payment," he said.
The land is currently zoned for agriculture, but it will be exempt from some zoning standards because it will be classified as affordable housing.
The mix of one-bedroom to three-bedroom units at West Loch Modulars must remain affordable housing for 65 years.
The development will cost $23.5 million and is expected to be completed in 2025.