Homes for Sale in Malina at Koa Ridge, Mililani HI
Malina is expected to be the very first townhome offering for the highly anticipated Koa Ridge project offering Oahu new homes for sale in Waipio. Information is limited at the moment but it's likely that we'll see Malina offer Koa Ridge Affordable Housing units for sale, with income and eligibility restrictions.
Malina at Koa Ridge
Where is Malina at Koa Ridge?
Insights and Features
It's unclear at this time what the precise Koa Ridge Affordable Housing guidelines will be but the usual suspects to gain eligibility are Income Restrictions, Buyback Period, and potentially a Shared Appreciation Component.
We do expect maximum income to be limited to the 120% Area Median Income group as detailed in the chart below. These figures are set once a year by HHFDC's which is the states leading affordable housing agency. Refer to the chart to see the maximum income allowed to your specific household size.
As soon as we know what the eligibility restrictions will be, we'll detail them here. In the meantime, you can read up on some of the common Honolulu Affordable Housing requirements and FAQ's HERE.
Prices expected to start in the low $400,000's which is on par with other Oahu Affordable Housing projects like Kohina at Hoopili in Ewa.