NOW SELLING : 84-Smartly designed residences being offered as Affordable Housing Units exclusively for qualified owner occupants. Now with REVISED Qualifications and NO SAE (Shared Appreciation Equity)!
CATETORY : Affordable Housing | No SAE
REGISTER NOW : To receive the Application, tour the sales gallery, prices, floor plans, and more!
__________
STUDIOS FROM : $270,000
290 SF - 299 SF | 60 TOTAL
___________
2- BEDROOMS FROM: $398,000
489 SF - 622 SF | 18 TOTAL
___________
MF/HOA EST : $1.05/SF
___________
INTRODUCING: The Hawaii Housing Finance and Development Corporation's (HHFDC) new Dwelling Unit Revolving Fund Equity Pilot (DEP) program in The Flats at Sky Ala Moana.
Offering 26 DEP Program Residences starting at $310,000 in fee simple. Choose from a total of up to 26 designated City & County of Honolulu affordable program units.
24 - Studios Including Parking:
Before DEP Equity Program - $310,000 to $336,000.
After 20% DEP Equity Program - $246,000 to $268,800.
2 - Two Bedrooms Including Parking:
Before DEP Equity Program - $541,000 to $544,000.
After 10% DEP Equity Program - $459,850 to $462,400.
The DEP program allows the HHFDC to purchase equity in for-sale housing units by contributing funds to buydown the sales price in designated starter units for eligible buyers.
Designated DEP program units will be offered exclusively to eligible buyers on a first-come, first-served basis from 10/2/2024 to 10/31/2024; and to any approved affordable buyer after 10/31/2024.
These units will be made available to any approved affordable buyer without regard to race, sex, color, religion, marital status, familial status, national origin, person with a disability status, age or HIV (human immunodeficiency virus) infection.
To be eligible for the HHFDC DEP program (eligible buyer), one must:
> Be an approved affordable buyer under the City & County of Honolulu's affordable requirements (eligible person).
> Owns no other real property.
> Receives no gift funds for purchase of the unit.
> Works in a profession that is facing a shortage as determined by the HHFDC, including nurses, teachers, police officers, and agricultural field workers.
After the initial 30 days, protessions shall include healthcare workers, educators, law enforcement officers, staff at correctional facilities and agricultural field workers.
COMPLETED & MOVE-IN READY
Other similar affordable condos that are completed and move-in ready is Ililani in Kaka'ako
__________
APPLICATION PACKETS - Request Below
UNITS AVAILABLE ON A FIRST COME BASIS
ONE Pacific Realty Inc and it's agents represents Buyers with respect to all new construction/development projects on Oahu including The Flats At Sky Ala Moana, unless otherwise indicated. ONE Pacific Realty Inc. does not represent the Seller/Developer, however they do work cooperatively, and are compensated accordingly.
-
CONTACT - Our ONE Pacific Realty's Buyer's Agents, by registering your interest below.
DOWNLOAD - The application packet here, or stop by our office to pick ONE up.
SET AN APPOINTMENT - With ONE of our Buyer's Agents in person or via a Zoom call, to go over the eligibility rules, ask questions, tour the showroom, and assist you with the mountains of paperwork required in the detailed application packet.
SUBMIT APPLICATION - And pre-qualification letter from an approved lender, accompanied by your ONE Pacific Realty Buyer's Agent.
SELECT YOUR UNIT - At your appointed time, sign your contract, submit your initial deposit, accompanied by your One Pacific Buyer's Agent.
Buyer's Agent
Our vast New Development project sales experience has shown that many Buyers walk into a project without an Agent to represent them, and end working directly with the project sales team, who in reality represent the Seller (Developer). Many times we see Buyers at the lottery alone, stressed, and under pressure trying to make one of their largest financial decisions without the benefit a Buyer's Agent by their side to consult with, and assist them.
Our experienced ONE Pacific Realty sales team works on your behalf as your Buyer's Agent. We're there in your corner every step along the way, advocating on your behalf. We never charge a fee or commission for our services as your Buyer's Agent. We are compensated by the Seller/Developer.
It doesn't cost you anything to have us represent you, and work in your best interest from start to finish, from application to closing and beyond.
Register below to have a dedicated Buyer's Agent assisted you with The Flats At Sky Ala Moana, or any other project.
GALLERY
INQUIRE FOR THE FLATS
AT SKY ALA MOANA EAST
