Housing Lottery Opens for Affordable Senior Living Units
News related to:Highridge Costa · 2 min read
HONOLULU, HI, UNITED STATES, October 1, 2026 /CourierPR/ -- Affordable housing developer and owner Highridge Costa, in partnership with the Hawaiʻi Public Housing Authority (HPHA), has announced that the housing lottery for Hoʻohiki Senior Living will be held on November 10, 2026. Applications for the lottery, which will fill 250 affordable age 55+ units, are now open and will remain open until October 31. All 250 units at Hoʻohiki Senior Living, located at 1002 N School St in Honolulu, are reserved for households earning no more than 60% of the Area Median Income (AMI) and are restricted to residents age 55 and older.
The property, previously known as the School Street Redevelopment Project Phase I, includes a 15-story building with a unit mix that includes 32 studio/one-bath homes, 208 one-bedroom/one-bath homes, and 10 two-bedroom/two-bath homes, one of which is a manager’s unit. The property also features 247 parking stalls, including 204 residential, 10 ADA, 25 visitor, five EV-charging, and three on-grade parking stalls, along with 90 bicycle parking stalls.
Residents will have access to various amenities on the sixth floor, including an exercise room, classrooms, an arts and crafts room, a multi-purpose room with kitchen, a media room, and a lending library, as well as a computer lab. An outdoor recreation deck atop the parking structure offers walking paths, barbecue areas, resident gardens, and a stage for community events.
Highridge Costa, founded in 1994, specializes in the development, preservation, ownership, and operation of quality new and repositioned affordable, workforce, family, senior, and permanent supportive housing. The company has expertise with federal Section 42 Low Income Housing Tax Credits (LIHTC), tax-exempt mortgage-backed revenue bonds, and other federal, state, and local housing finance and grant programs.
The Hawaiʻi Public Housing Authority (HPHA), the sole statewide public housing agency in the State of Hawaiʻi, is responsible for developing and providing safe, decent, and affordable housing for low-income families, seniors, and individuals with disabilities. The Authority administers approximately 6,200 federal and state low-income public housing units on five islands; more than 4,000 rental assistance vouchers; and 3,000 Performance-Based Contract Administration (PBCA) units.
Since 1994, California-based Highridge Costa has been changing lives through the development, preservation, ownership, and operation of quality new and repositioned affordable, workforce, family, senior, and permanent supportive housing. The company's expertise with federal Section 42 Low Income Housing Tax Credits (LIHTC), tax-exempt mortgage-backed revenue bonds, and other federal, state, and local housing finance and grant programs makes it one of the nation's most knowledgeable developers and asset managers in the affordable housing tax credit industry.
About the Hawaiʻi Public Housing Authority
The Hawaiʻi Public Housing Authority (HPHA) is the sole statewide public housing agency in the State of Hawaiʻi. Its mission is to develop and provide safe, decent, and affordable housing for Hawaiʻi's low-income families, seniors, and individuals with disabilities. The Authority administers approximately 6,200 federal and state low-income public housing units on five islands; more than 4,000 rental assistance vouchers; and 3,000 Performance-Based Contract Administration (PBCA) units.