Pacifica Honolulu Gap Group Housing from $350,000

 

Applications are continuing to be accepted in order to allow more potential purchasers the opportunity to participate in this special gap group Reserved Housing opportunity. 
Pacifica Honolulu two bedroom, two bath owner-occupant reserved housing condominium residence prices start at $350,000, feature beautiful ocean or mountain views and will enjoy all the amenities that the project has to offer.   
The sale of the Pacifica Honolulu reserved housing units will be offered on a chronological "first-come first-served" system based on the order in which a prospective buyer submits a completed reserved housing package. There are still several chronological spaces available for the selection event, which is scheduled to begin on Saturday, September 25.  
Anyone interested in purchasing a reserved housing unit MUST HAND DELIVER A COMPLETED APPLICATION PACKAGE, which includes an approved lender pre-qualification letter to the Pacifica Honolulu Sales Center, located at Inspiration in the Honolulu Design Center to receive a chronological number.  
Application packets are still available at:
Pacifica Honolulu Sales Center
INspiration Honolulu Design Center
1250 Kapiolani Blvd., Honolulu, HI
Phone: 808-596-8686
Open Daily 10:00 A.M. to 5:30 P.M. 
Pacifica Honolulu’s Reserved Housing Program was established to comply with the State of Hawaii Kaka’ako Community Development District Plan’s requirement that private developers set aside not less than 20 percent of total residential units for reserved housing. The sale prices must be affordable for prospective buyers and their families earning less than 140 percent of the Honolulu area median income ($81,700 for 2010) established by the U.S. Department of Housing and Urban Development. For example, buyers must not exceed the maximum gross qualifying income of $102,125 for a single person, or $114,380 for two or more persons. Income requirement details are provided in the Reserved Housing Application packet.
The program falls under the Kaka’ako Mauka Area Rules administered by the Hawaii Community Development Authority (HCDA). The rules provide guidelines that determine potential buyer eligibility and the documents buyers must complete to secure a place in line to purchase a reserved housing residential unit.  
Pacifica Honolulu is a 46-story high rise on 2.3 acres and has a total of 489 residential condominiums, including 365 market residences and 124 reserved housing units. It also has 11,464 square feet of ground floor commercial/industrial space. Amenities include a tailored, sophisticated lobby/library, café-style mail lounge, pool and Jacuzzi, cabanas, urban park with party pavilion, fire pit and six barbecue hale, two state-of-the-art theaters, fitness center, locker rooms and sauna, 24-hour security, private access entry and electronic security in parking garage.
For more information about Pacifica Honolulu, contact Heyer & Associates LLC, exclusive project broker, at (808) 596-8686 or review the website at www.pacificahonolulu.com. The Sales Center is open daily from 10:00 a.m. to 5:30 p.m. at INspiration in the Honolulu Design Center, located at 1250 Kapi’olani Boulevard.