Michaels Development Company (“Michaels”) contracted PBR HAWAII to prepare and process approvals under Chapter 201H, Hawai‘i Revised Statutes for an affordable housing rental project. Michaels was selected (through a request for proposal process) to develop the Hawai‘i Housing Finance & Development Corporation’s (HHFDC) property within East Kapolei, known as “Keahumoa Place”. The project will include 320 homes, with rents affordable to households earning between 30% and 100% of the Area Median Income (AMI). Construction of all phases is expected to be complete in the first quarter of 2020.
