HONOLULU – The City and County of Honolulu is moving forward with the development of Kaleimaʻo Village – West Loch Apartments, a 127-unit affordable housing project in ʻEwa Beach. Located at 91-1666 Renton Rd. on a 3.7-acre City-owned lot, the project will provide affordable rental housing for low-income households, with all units reserved for residents earning at or below 60% of the area median income. This includes single-person households earning up to $58,000 per year and families of four earning up to $75,000 per year.
“Kaleimaʻo Village specifically targets income ranges that include many of Oʻahu’s essential workforce — food service employees, childcare providers, maintenance staff, healthcare support workers, transportation personnel, and administrative staff — who are vital to our community yet often struggle to find affordable housing,” said Mayor Rick Blangiardi. “Through strong public-private partnerships and decisive action, we are ensuring that projects like this move forward efficiently.”
With financing nearing completion, construction is expected to begin later this year, with completion anticipated by the end of 2026.
A key component of the project’s financing is the City’s Private Activity Bond (PAB) program, which was re-established after a 23-year hiatus. Also known as the Multifamily Housing Revenue Bond program, it allows private entities to access tax-exempt debt for projects that serve public purposes, such as affordable housing.
To support Kaleimaʻo Village, the Honolulu City Council unanimously approved Resolution 25-73, authorizing up to $30,376,937 in PABs. These tax-exempt bonds lower borrowing costs, making it possible to keep rents affordable for low-income households. The revival of this program provides another financial tool to help deliver affordable housing on Oʻahu.
Beyond financing, the City is also ensuring long-term affordability by utilizing public land for housing development. The Honolulu City Council recently approved Resolution 25-74, granting a 75-year ground lease for the Kaleimaʻo Village site. Long-term leases like this allow affordable housing projects to be built on City-owned land while ensuring rental units remain available to low-income residents for decades to come.
“Kaleimaʻo Village is a great example of how we can use City-owned land to create housing opportunities for local families,” said Catherine A. Taschner, Department of Land Management director designate. “With a long-term ground lease in place, we’re ensuring that these homes will remain affordable well into the future. This project is the result of strong collaboration and commitment, and we look forward to seeing it come to life.”
The project will consist of seven three-story residential buildings with 28 one-bedroom, 87 two-bedroom, and 12 three-bedroom units, centered around a single-level community facility. The community center will include a meeting space, a central laundry facility, an administrative office, and mailboxes. Parking provisions include 137 vehicle stalls and 64 bicycle stalls.
“This project reflects the City’s commitment to expanding affordable housing opportunities for Oʻahu residents,” said Office of Housing Executive Director Kevin D. Auger. “With Skyline expected to drive housing development for years to come, Kaleimaʻo Village is leading the way in transit-focused housing. Located near the Kualaka‘i and Keone‘ae stations, this project will provide residents with convenient access to public transportation and nearby job opportunities.”
Kaleimaʻo Village is being developed through a public-private partnership with Komohale West Loch LLC, a joint venture between Stanford Carr Development and Standard Communities.