Developed in 2000, Senior Residence at Kaneohe is a 75-unit affordable rental housing community for seniors located in Kaneohe, Hawaii. For financing purposes, the Senior Residence at Kaneohe was developed as a two-unit condominium project with two separate owners. Unit A consists of 44 one-bedroom/one-bath units and 1 two-bedroom resident managers unit. Unit B is comprised of 30 one-bedroom/one-bath apartments. Resident Qualifications: To qualify for residency in Unit A, residents may earn up to 50% of the AMI. Tenants pay 30% of their income for rent. To qualify for residency in Unit B, residents may earn up to 60% AMI.
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