Kuilei -PLACE- Experience Elevated Island Living Introducing HHFDC's new Dwelling Unit Revolving Fund Equity Pilot (DEP) program in Kuilei Place located at 2599 Kapiolani Boulevard, Tax Map Key Nos. (1) 2-7-022: 011, 015, 031 through 049, inclusive; Offering 23 DEP Program Residences starting at $523,400 in fee simple. Choose from a total of 54 designated affordable priced units. Bd/Ba Price Range Qualifying AMI% DEP Program Equity Qualified Purchaser Price 2 Bd/1Ba $626,700 to $627,700 140% The DEP program allows HHFDC to purchase equity- contribute funds to buydown the sales price with buyer 30-year repayment option - in designated starter units for qualified purchasers. The DEP program affidavit and information are available at kuileiplace.com/dep. Designated units will be offered exclusively to eligible buyers on a first-come, first-served basis for the next 30 days from April 7, 2024 and to any approved buyer after May 7, 2024. To be eligible for HHFDC's DEP program (eligible buyer), one must: $103,300 $523,400 to $524,400 9. Does not own a majority interest in real estate property by oneself or together with household member or spouse, except when husband and wife are living apart under a decree of separation from bed and board issued by the family court pursuant to Hawaii Revised Statutes § 580-71. Affordable unit buyers must meet all HHFDC eligibility and household income requirements with units subject to HHFDC's Use, Sales and Transfer (Buyback) Restriction and Shared Appreciation Equity (SAE) Program restrictions. These units will be made available to any approved 1.Be approved by HHFDC for a Kuilei Place affordable "qualified resident" without regard to race, sex, color, unit; 2.Own no other real property: 3. Receive no gift funds; 4.Work in a profession that is facing a shortage as defined by HHFDC, including nurses, teachers, police officers, and agricultural field workers To be approved for an affordable unit, one must be a "qualified resident": religion, marital status, familial status, age, or human immunodeficiency virus infection. Kuilei Place is a proposed project that is being developed by 2599 Kapiolani, LLC and does not yet exist. All figures, facts, information, and prices included in this advertisement are approximate and subject to change at any time. Compass Hawaii, LLC is the exclusive broker designated for this project. Courtesy to qualifying brokers; 5.Is a citizen of the United States or a resident alien; see project broker for details. 6.Is at least eighteen years of age; 7.Is domiciled in the State of Hawaii and will physically reside in the unit to be purchased; 8. Has a gross income sufficient to qualify for the lean to finance the purchase (as evidenced by a Pre-Qualification Letter from a Project Lender); and ****** Kuilei Place Sales Gallery: Ala Moana Center 1450 Ala Moana Blvd., Suite 3505, Honolulu, Hawaii 96814 Monday-Sunday 10:00 am to 5:30 pm 808.751.2599 of @KuileiPlace | @KuilePlaceHonolulu KOBAYASHI GROUP Exclusive Project Broker: COMPASS RB-23206 Go to kuleiplace.com/dep to download the application and information packets for detailed information and HHFDC DEP program eligibility requirements. Please visit kuileiplace.com for more information BLACKSAND CAPITAL HHFDC Kuilei -PLACE- Experience Elevated Island Living Introducing HHFDC's new Dwelling Unit Revolving Fund Equity Pilot ( DEP ) program in Kuilei Place located at 2599 Kapiolani Boulevard , Tax Map Key Nos . ( 1 ) 2-7-022 : 011 , 015 , 031 through 049 , inclusive ; Offering 23 DEP Program Residences starting at $ 523,400 in fee simple . Choose from a total of 54 designated affordable priced units . Bd / Ba Price Range Qualifying AMI % DEP Program Equity Qualified Purchaser Price 2 Bd / 1Ba $ 626,700 to $ 627,700 140 % The DEP program allows HHFDC to purchase equity- contribute funds to buydown the sales price with buyer 30 - year repayment option - in designated starter units for qualified purchasers . The DEP program affidavit and information are available at kuileiplace.com/dep . Designated units will be offered exclusively to eligible buyers on a first - come , first - served basis for the next 30 days from April 7 , 2024 and to any approved buyer after May 7 , 2024 . To be eligible for HHFDC's DEP program ( eligible buyer ) , one must : $ 103,300 $ 523,400 to $ 524,400 9. Does not own a majority interest in real estate property by oneself or together with household member or spouse , except when husband and wife are living apart under a decree of separation from bed and board issued by the family court pursuant to Hawaii Revised Statutes § 580-71 . Affordable unit buyers must meet all HHFDC eligibility and household income requirements with units subject to HHFDC's Use , Sales and Transfer ( Buyback ) Restriction and Shared Appreciation Equity ( SAE ) Program restrictions . These units will be made available to any approved 1.Be approved by HHFDC for a Kuilei Place affordable " qualified resident " without regard to race , sex , color , unit ; 2.Own no other real property : 3. Receive no gift funds ; 4.Work in a profession that is facing a shortage as defined by HHFDC , including nurses , teachers , police officers , and agricultural field workers To be approved for an affordable unit , one must be a " qualified resident " : religion , marital status , familial status , age , or human immunodeficiency virus infection . Kuilei Place is a proposed project that is being developed by 2599 Kapiolani , LLC and does not yet exist . All figures , facts , information , and prices included in this advertisement are approximate and subject to change at any time . Compass Hawaii , LLC is the exclusive broker designated for this project . Courtesy to qualifying brokers ; 5.Is a citizen of the United States or a resident alien ; see project broker for details . 6.Is at least eighteen years of age ; 7.Is domiciled in the State of Hawaii and will physically reside in the unit to be purchased ; 8. Has a gross income sufficient to qualify for the lean to finance the purchase ( as evidenced by a Pre - Qualification Letter from a Project Lender ) ; and ****** Kuilei Place Sales Gallery : Ala Moana Center 1450 Ala Moana Blvd. , Suite 3505 , Honolulu , Hawaii 96814 Monday - Sunday 10:00 am to 5:30 pm 808.751.2599 of @KuileiPlace | @KuilePlaceHonolulu KOBAYASHI GROUP Exclusive Project Broker : COMPASS RB - 23206 Go to kuleiplace.com/dep to download the application and information packets for detailed information and HHFDC DEP program eligibility requirements . Please visit kuileiplace.com for more information BLACKSAND CAPITAL HHFDC