Kapunoa One

1015 N School St, Honolulu, Hawaii 96817

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Kapunoa One is managed by Investment Property Group.

Kapuna One Apartments is an affordable senior housing community (for persons 62 and older or persons with disabilities) offering charming one bedrooms. The convenient location – near schools, restaurants, and shopping centers –and remarkably low rates which include utilities, make the Kapuna One Apartments one of the best apartment values in Honolulu. Please call for further details as income restrictions apply.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 530 Call for Price

Eligibility for Kapunoa One

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Honolulu but actual income limits may differ for units at Kapunoa One.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $27,550 $31,450 $35,400 $39,300 $42,450 $46,320 $52,230 $58,140
50% $45,850 $52,400 $58,950 $65,500 $70,750 $76,000 $81,250 $86,500
80% $73,400 $83,850 $94,350 $104,800 $113,200 $121,600 $130,000 $138,350

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Honolulu but actual income limits may differ for units at Kapunoa One.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $45,850 $52,400 $58,950 $65,500 $70,750 $76,000 $81,250 $86,500
Low Income (60%) $55,020 $62,880 $70,740 $78,600 $84,900 $91,200 $97,500 $103,800

Kapunoa One Details

  • 162 one bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 8 New Construction
  • State or Local Program
  • Section 221 (d) (3)

Property Amenities

  • Elevator
  • Clubhouse
  • On-Site Manager
  • On-Site Social Services
  • On-Site Maintenance
  • Laundry Facilities

Unit Amenities

  • Garbage Disposal
  • Cable Ready
  • Utilities Included
  • Window Coverings
  • Refrigerator
  • Electric Range

Office Hours

Day Hours
Monday 9:00am-6:00pm
Tuesday 9:00am-6:00pm
Wednesday 9:00am-6:00pm
Thursday 9:00am-6:00pm
Friday 9:00am-6:00pm
Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

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