The recently completed Hale Nā Koa ‘O Hanakahi, an affordable housing development in Hilo, Hawaii, specifically designed for senior veterans, has reached full occupancy. This marks a significant milestone for the Big Island, providing much-needed affordable housing options for a deserving demographic. The project, developed by EAH Housing in partnership with the Hawaii Island Veterans Memorial (HIVM), represents a $58 million investment in the community and underscores the growing need for affordable housing solutions in Hawaii.
The development, located on Kawili Street near the University of Hawaii Hilo campus, offers 92 units, with priority given to veterans and their surviving spouses. Delays pushed the move-in date back, but the project is now complete and fully occupied. The Honolulu Star Advertiser reported on the delays, highlighting the challenges faced during construction. The project was initially scheduled to be completed in August, with residents moving in by September, but final construction adjusted the timeline.
This initiative aligns with the broader need for affordable housing across the state. A recent article in Seniors Housing Business noted the project's focus on veterans and seniors, acknowledging the growing senior population. The project also includes a community-based outpatient clinic. Construction was started in 2023, as mentioned in a piece by Housing Finance, highlighting the collaborative effort between EAH Housing, HIVM, and the County of Hawaii. The housing community is built on 5.5 acres owned by the County of Hawaii. This is an important step to solving the local housing crises.
For Hawaii's business community, developments like Hale Nā Koa ‘O Hanakahi have several implications. It spurs economic activity through construction and ongoing services. It also provides housing for veterans, potentially increasing the local workforce. Moreover, it can attract investment in similar projects aimed at addressing Hawaii's housing shortage. This type of development also creates demand for local businesses within the community.
