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Naulu Apartments Affordable Rental Development

Sector: Residential • Location: Aiea, Hawaii, United States

Source: The Business Journals

Project
Completed

Naulu Apartments is a $168 million affordable rental development in Halawa, Oahu, consisting of 302 units in a 25-story building. It is the largest affordable rental development financed by the Low-Income Housing Tax Credit Program built in Hawaii in the last 15 years. The development includes studio, one-, two-, and four-bedroom apartments for households earning between 30% and 60% of the Area Me

Status
Closed
Sector
Residential, Stadium, Seaport, Commercial, Government, Automotive
Location
Aiea, Hawaii, United States of America
Updated
22 Jul 2026
Source
The Business Journals

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The project “Naulu Apartments Affordable Rental Development” is an infrastructure initiative in the Residential sector, located in Aiea, Hawaii, United States. Taiyo aggregates data on it from The Business Journals.

Participants

Sponsoring Agency

Company

Status

Original status

completed

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Naulu Apartments is a $168 million affordable rental development in Halawa, Oahu, consisting of 302 units in a 25-story building. It is the largest affordable rental development financed by the Low-Income Housing Tax Credit Program built in Hawaii in the last 15 years. The development includes studio, one-, two-, and four-bedroom apartments for households earning between 30% and 60% of the Area Median Income. Amenities include a fitness center, kids’ club, study lounge, two-story sky lounge with views of Pearl Harbor, outdoor plaza with barbecue and picnic areas, bike storage, and car share access. The project is part of Pacific Development Group's redevelopment plan for the community and is located near transit stops and Aloha Stadium.

Original sector

Built Sector

Budget

Location

Country

United States of America (USA)

State

Hawaii

City

Aiea

Source

Source

The Business Journals

URL

More Details

Record type

Project

Sector

Residential, Stadium, Seaport, Commercial, Government, Automotive

Article published date

2025-09-16

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