Blueprint For Hawaii Housing? UH Project For Students And Faculty Is Going Up At Relatively Little Cost 0 A Hawaii lawmaker says the public private housing partnership could be a model for state-owned affordable rentals.
On an island where the median price of a condominium hovers around $500,000, it may come as a surprise that a private developer is planning to build up to 400 units in verdant Manoa for as little as $212,500 each. But that’s exactly what’s happening on the University of Hawaii campus.
The planned project, generically called the “Mixed-Use Affordable Housing Project at the University of Hawaii at Manoa Campus” in a draft environmental assessment is designed for university students and junior faculty — not the general public. But one prominent housing advocate said the affordable rental housing project could be a model for public-private partnerships to address Hawaii’s housing shortage.
If UH can do it, asked Hawaii Sen. Stanley Chang, why can’t other government entities?
