Palehua
Terrace 2
92-1074 Palahia Street
Kapolei, HI 96707
Developed in 2005, Palehua Terrace 2 is a 64-unit affordable rental housing community located in Kapolei, Hawaii. Palehua Terrace 2 consists of six two-story buildings with 56 two-bedroom/two-bathroom units and eight three-bedroom/two-bathroom units.
Resident Qualifications:
To qualify for residency, applicants must earn at or below 30% AMI for seven two-bedroom/two-bath apartments or up to 60% AMI for 49 two-bedroom/ two bath and eight three-bedroom/two-bath apartments.
Property Features
Open-air pavilion
Private park with picnic areas
Project office
Full-Time Resident Manager
Resident and guest parking
Washer and dryer in each unit
Malama Market & Fire Station
Grocery Stores (Walmart & Safeway)
Makakilo Community Park
Villages of Kapolei Recreation Center
Development Highlights
9% tax credits under the Low Income Housing Tax Credit (LIHTC) program
Private permanent first mortgage loan backed by Fannie Mae
Interim and permanent loans from the Housing and Community Development Corporation of Hawaii under the Rental Housing Trust Fund and Rental Assistance Revolving Fund programs
Interim and permanent loans from the City and County of Honolulu under the Home program
Interim loan from Bank Of Hawaii
Property Management
Contact Information
For rental information on Palehua Terrace 2, contact Indigo Real Estate by calling (808)-559-9482 or visiting https://indigorealestate.com/state/hawaii/