Ohana Hale
929 Pumehana Street, Expected Completion 2021

Location

929 Pumehana Street is right off King Street in the McCully area and is in very close proximity to Waikiki and Ala Moana. While not quite a walker’s paradise, most commuters will find this a convenient location to any business district in town. With more and more Biki stations popping up, biking around town from home would be a great alternative to driving as well.

Residences

There will be 91 Studios, 74 One-Bedroom Units and 15 Two-bedroom units all with parking included. Square footage ranges from 316 – 784 SF which is smaller than average but to be expected in a mostly affordable project. There will be no lanais built for this project.

The residential units will have modern conveniences such as:

• Wall AC unit
• Washer/Dryer
• Dishwasher
• Carrara Marble Counter Tops
• Tiled entry, kitchen & bathroom floors

Affordable Units

Ohana Hale will have 108 units subject to HHFDC’s affordable eligibility and house hold income requirements. They will be priced according to your AMI (Area Median Income) bracket. Please see the chart below to see where you are.

Units are allocated according to income bracket as follows:

For example, if you make 80% of the AMI then there are 36 studios available for you at a starting price of $286,681. The max income limit for this project is 120% AMI where there are 17 one-bedrooms available starting at $491,077. If you are under 120% AMI you can apply for a 1 Bedroom unit as well. 

The lottery selection process has finished and now units are available on a "First-Come, First-Serve" basis. There are still many affordable units available. 

Application Process 

Step 1: A pre-qualification letter from a lender will be required if you are in need of financing. Here are the documents required for a pre-qual letter.

• 2017 and 2016 Tax Returns and W2s
• Most recent 30 days worth of paystubs
• Most recent 2 months of bank statements for cash to close
• Most recent retirement account statements for reserves
• If receiving a gift, let us know the amount and who will be giving it to you
• · If own any investment properties or other properties, any paperwork pertaining to the monthly mortgage payment and HOA dues

Pre-qualification letters must come from a project lender:

• Honolulu Home Loans
• American Savings Bank

Note: You are not required to use these banks to process a loan, only for prequalification purposes.

Step 2: Fill out an HHFDC application. Please let us know if you would like to receive an application. We have them available and can help you to fill it out. 

Step 3: Submit the application at the Ohana Hale sales office. The HHFDC will review your application and let you know if you are eligible in about 3-5 business days. 

Step 4: Select a unit! Once you receive an eligibility notice, you may select any of the remaining units you are eligible for. A $500 deposit is due at contract signing. After the 30 day cancellation period, the remainder of a 5% deposit is due (minus the $500) and you have yourself a brand new condominium. 

Disclaimer: We are a Buyer's Agency. If you are looking to apply for a unit at Ohana Hale, please contact our qualified buyer’s agent, Isaiah Block at (808) 721-3747. We will work with you step-by-step to complete all necessary deadlines and make sure you have a chance for purchase. It's always best to work with a buyer's agent as you will have full representation as a buyer and it doesn't cost you a dime!

For immediate questions please call Isaiah at (808) 721-3747 or email info@condokakaako.com.

Developer Information: 

If you prefer to speak with the developer directly, please visit their website. 

http://ohanahalehi.com/