Four families become first time home owners
Four families and first-time homeowners employed along the South Kohala coast, got the keys to their new homes Tuesday at the Countys workforce housing project Kamakoa Nui.
Fee-simple homes at Kamakoa Nui, priced between $235,000 and $350,000, are being offered to resident families with household incomes of no more than 140 percent of the area median income, which comes out to just over $97,000 for a family of four.
A workforce housing project in Waikoloa had been a goal of the Countys since 2005. A previous attempt ended in litigation between the County and the contractor. In 2010, the project was reborn as Kamakoa Nui. The site work, first model homes, and the community park were completed in 2011 with sales of new homes beginning in 2012.