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Hawaii News

Subsidy program would help mid-income Hawaii residents buy homes

GEORGE F. LEE / JUNE 17
                                Households earning 80% to 120% of a county’s median income could qualify for subsidies of about $100,000 toward the purchase of a new home, under a pilot program that would be established by a bill advancing at the Legislature. A Waipahu subdivision, Homes at Koa Ridge, was under construction by Castle & Cooke in 2002.
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GEORGE F. LEE / JUNE 17

Households earning 80% to 120% of a county’s median income could qualify for subsidies of about $100,000 toward the purchase of a new home, under a pilot program that would be established by a bill advancing at the Legislature. A Waipahu subdivision, Homes at Koa Ridge, was under construction by Castle & Cooke in 2002.

GEORGE F. LEE / JUNE 17
                                The mostly conceptual approach to increase the supply of midpriced housing in Hawaii would have a state agency chip in to help moderate- income households buy new market-priced homes made more affordable with a taxpayer subsidy. Above, homes at Koa Ridge under construction by Castle & Cooke.
2/2
Swipe or click to see more

GEORGE F. LEE / JUNE 17

The mostly conceptual approach to increase the supply of midpriced housing in Hawaii would have a state agency chip in to help moderate- income households buy new market-priced homes made more affordable with a taxpayer subsidy. Above, homes at Koa Ridge under construction by Castle & Cooke.

GEORGE F. LEE / JUNE 17
                                Households earning 80% to 120% of a county’s median income could qualify for subsidies of about $100,000 toward the purchase of a new home, under a pilot program that would be established by a bill advancing at the Legislature. A Waipahu subdivision, Homes at Koa Ridge, was under construction by Castle & Cooke in 2002.
GEORGE F. LEE / JUNE 17
                                The mostly conceptual approach to increase the supply of midpriced housing in Hawaii would have a state agency chip in to help moderate- income households buy new market-priced homes made more affordable with a taxpayer subsidy. Above, homes at Koa Ridge under construction by Castle & Cooke.