Apply to our waitlist today!
Apply to our waitlist today!
Nā Hale Makoa is a new affordable workforce housing community in Waikoloa Village, offering 140 one-, two-, and three-bedroom apartment homes on Hawaiʻi Island. We are entering the application phase: submit a waitlist application to be added to the lottery waitlist between October 27 (9 AM HST) and November 17 (4 PM HST), 2025. Application materials and submission instructions are below. Join our interest list today to stay connected and be the first contacted when leasing begins. You can join our interest list by emailing us at leasing@nahalemakoa.com or by using the contact form below!
Address: 68-3491 Iwikuamo’o Drive Waikoloa Village, HI 96738
Important note (!)
Please submit your completed waitlist application using one of the following methods:
Email: Send your completed application to leasing@nahalemakoa.com
Website Upload: Use the contact submission form and click 'Submit Application' to upload your application document.
Mail: Send your completed application to:
ATTN: Indigo real Estate
1164 Bishop Street #1506, Honolulu, Hawaii 96813
Purpose of this application
The waitlist application is to be added to the lottery waitlist. If your household is selected in the lottery, you will be invited to complete our two-step approval process (Screening Application, then Program Eligibility/REA).
Application Window
Opens: October 27, 2025 at 9:00 AM HST
Closes: November 17, 2025 at 4:00 PM HST
About the Lottery
Because interest is expected to exceed supply, the lottery establishes a fair, randomized order for processing applications received within the window. It is not first-come, first-served. Being drawn does not guarantee housing; it determines the order in which households are invited to proceed.
What happens after the lottery?
Invitation to Approval Process (two-part)
Step 1 — Screening Application
Step 2 — Program Eligibility (REA): Resident Eligibility Application and documents to verify income, assets, and student status under LIHTC rules.
If homes remain after the lottery period, we will contact remaining applicants on the waitlist in the established order.
(process expanded below)
Step 1 - Screening Application
Step 2 - Income/Asset Verification (Program Eligibility)
After each prospective household member has passed the Screening Process, all applicants will be required to complete the REA (Resident Eligibility Application/Questionnaire) and accompanying eligibility forms. This process is completed to ensure that the total household income does not exceed the maximum allowable income for the household size.
Step 3 - Project Based Applications
For Project Based Applicants, additional qualification and processing with Office of Housing and Community Development is required.
Who qualifies?
In order to provide affordable housing to our community, all residents must meet certain criteria. This means your income cannot exceed a certain amount for your household size. Nā Hale Makoa provides rent-restricted housing for residents whose income does not exceed the maximum allowable income for their household size.
Income Limits
The total annual income must be at or below the Hawaiʻi County income limits below, depending on the number of occupants in the home*.
1 Person — 30%: $25,410 · 60%: $50,820 · 80%: $67,760 · 100%: $84,700 · 140%: $118,580
2 Persons — 30%: $29,040 · 60%: $58,080 · 80%: $77,440 · 100%: $96,800 · 140%: $135,520
3 Persons — 30%: $32,670 · 60%: $65,340 · 80%: $87,120 · 100%: $108,900 · 140%: $152,460
4 Persons — 30%: $36,270 · 60%: $72,540 · 80%: $96,720 · 100%: $120,900 · 140%: $169,260
5 Persons — 30%: $39,180 · 60%: $78,360 · 80%: $104,480 · 100%: $130,600 · 140%: $182,840
6 Persons — 30%: $42,090 · 60%: $84,180 · 80%: $112,240 · 100%: $140,300 · 140%: $196,420
*Income limits are set by the County and may change.
All sources and amounts of current and anticipated annual income expected to be derived during the twelve (12) months after move-in must be collected, verified, and reviewed by our compliance department. Our compliance department will review the household file to certify eligibility with the program and has a legal responsibility to ensure that all residents comply with the maximum allowable income limits at the time of move-in. Households are required to re-certify annually.
1 Bedroom — Minimum: 1 person · Maximum: 2 persons
2 Bedroom — Minimum: 2 persons · Maximum: 4 persons
3 Bedroom — Minimum: 3 persons · Maximum: 6 persons
Below are the current rental rates by bedroom type and AMI level.
1 Bedroom
2 Bedroom
3 Bedroom
Notice: Posted rents are subject to change at any time prior to a rental agreement being executed.
68-3491 Iwikuamoo Drive, Waikoloa Village, HI 96738, USA
Na Hale Makoa Apartments
Copyright © 2025 Na Hale Makoa - All Rights Reserved.
Indigo Real Estate
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