Ililani has finally announced that the Affordable Housing unit selection will take place between Saturday March 14 through Thursday March 19. Listed below are the Property Selection Numbers (PSN) based off of your application packet number.
Below is the lottery results from Ililani's Affordable Housing Lottery. To find your public drawing number, please search by your application number which was mailed to you from HHFDC. If you cannot find it, please contact your agent. If you got an acceptance letter from the State, you will be receiving a digital copy of the results as well.
Keep in mind this is not the order of which you will choose your unit. This list will be further sorted by each individual's AMI group and there is a chance that certain applications may be removed (due to HHFDC not approving the application as some were still under conditional approval). Stay tuned for the exact unit selection appointments and times coming up soon! Ililani just announced today (9/6/2019) the launch of their 163 Market Priced 2-bedroom Units. The units will be priced between $700,500 to $900,500. The market units at Ililani will have higher end finishes and appliances in comparison to the affordable housing units but will remain the same in the sense of counter tops, cabinets, flooring, and carpet. Owner Occupant and Investor sales will be starting within the coming month. With owner occupant affidavits being due by October 5, 2019. If you are interested in the market units, be sure to register your interest down below.
With the launch of 165 Affordable units, many people may be wondering if it's too good to be true. It actually isn't too complicated and it's a great deal to be able to buy an affordable unit in metro Oahu's most robust and exciting neighborhood Kakaako; that is if you are lucky enough to get through the lottery. In the event that you do get lucky there are two different restrictions for all HHFDC units and that is the Buyback and Shared Appreciation Equity (SAE). Please watch the video link below to learn more!
Ililani_Restrictions from Live_Ililani on Vimeo.
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Author - Brad Dang (R)Brad K Dang (R) and Better Homes and Gardens Real Estate DOES NOT represent the Developer/Seller but are Buyer's Agents in respect to any sale within the project Ililani. The Seller/Developer, Kam Development LLC is represented by an outside real estate company. Archives
March 2020
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The Seller and Developer, Kam Development, LLC, is represented by an outside real estate firm. Brad Dang (R) and and all team members, along with Coldwell Banker Realty does not represent the Developer/Seller but are Buyer’s agents with respect to any sale in Ililani or any other area. All images, maps, and videos are visuals to help understand the vicinity and are subject to change due to the developer.
Coldwell Banker Realty fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Real estate agents affiliated with Coldwell Banker Realty are independent contractor sales associates and are not employees of Coldwell Banker Realty. |
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